- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- The Social Media Gaming Threat
- China Eastern to Complete Shanghai Air Buy by End '09
- Paul: Audit the Fed
- JAL Slides to Record Low on Bankruptcy Jitters
- Gold Will Collapse Like Oil Did in 2008: Charts
- Prepare For Large Decline In Stocks, Next Year?
- Lyondell Urged to Consider Reliance Takeover Offer
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- How Many US Consumers Will Shop this Weekend?
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- Obama says Boosting US Jobs is Top Priority
- GM to Cut up to 9,500 Jobs in Europe
- More Consumers Giving 'Black Friday' the Cold Shoulder
- Prepare For Large Decline In Stocks, Next Year?
- Appeals Court Denies Microsoft's Alcatel Petition
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
RSS FEED
CNBC Stock Blog
In Thursday's edition of CNBC 101 -- a regular mini-lesson on developments in the markets -- Bob Pisani spoke of a reported new ETF from bond-fund giant Pimco.
"I've been waiting a long time" for an ETF [exchange-traded fund] from Pimco, said Pisani, who writes the Trader Talk blog on this site.
Reportedly, Pimco is creating an ETF to track the Lehman Aggregate Bond Index.
"This is an important thing that's going on," declared Pisani. He conceded that "It's a little late to do this" -- after all, such a new issuing will compete with two already-established ETFs, the iShares Lehman Aggregate [AGG
Loading...
()
] and the Vanguard Total Bond fund [BND
Loading...
()
].
But he noted that Pimco is also a "huge mutual fund company," with more than $200 billion in mutual assets. And such a new ETF will keep more of its fund investing "in-house."
______________________________________
Other Top ETFs:
- SPDRs [SPY
Loading...
()
]
- UltraShort Real Estate ProShares [SRS
Loading...
()
]
- SPDR Gold Shares [GLD
Loading...
()
]
More from Bob Pisani:
______________________________________








