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With key tweaks, Charles Schwab is introducing its first ultra-short bond product in 13 years; last time it paid dearly to settle an SEC complaint over similar product, YieldPlus

Schwab, choosing its words carefully, will launch an ultra-short income ETF, its first active fixed-income ETF on or about Aug. 13.

Author Brooke Southall July 31, 2024 at 2:37 AM
1 Comment
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David Lafferty: Investors continue to seek out cost-effective, income-producing strategies to help diversify their portfolios.
Keith Girard contributed to the editing of this article.

ETFs


Richard Rosso

Richard Rosso

August 8, 2024 — 5:09 PM
I wouldn't go near it.

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October 3, 2024 at 10:12 PM

Walt Bettinger discloses expiration of unknown 'pact' to explain to Schwab investors why Bernie Clark, Peter Crawford and Joe Martinetto all chose to exit at once

The 'sort of informal' deal was struck in 2019, but never revealed to shareholders during the merger transition, until the departures were announced -- in one press release -- this month.

May 25, 2024 at 2:45 AM

Another A-list RIA Schwabbie lands on his feet -- this time at DeVoe & Co. -- after TD Ameritrade merger displacement of 2,000-plus

Tony Parkin takes the reins as president of the San Francisco M&A shop and reunites with ex-Schwab boss who left 14 years ago

May 10, 2024 at 1:29 AM

Schwab 2,000-layoff aftershocks roil the industry as it's revealed top tech talent -- led by widely regarded veteran Kartik Srinivasan -- were axed, raising questions about future of Schwab innovation

Behind every layoff a human story as pink slip to an 'unbelievable talent' epitomizes company's determination to cut $500 million in expenses.

November 3, 2023 at 3:49 AM

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