Posted by philosoraptor on 6th of Mar 2010 at 06:20 am
This is something I missed last month, so apols if already
posted on the blog - after their recent share split, 'Berkshire
Hathaway B' has now been added to the 'XLF' ETF. Not just added,
but with the fourth highest weighting of c. 8+%. The rub? Well,
according to this article, historically BRK/B acts more like a
Consumer Staple stock than a Financial:
As a footnote, I have just researched UYG/SKF and FAS/FAZ
individual components but can see nothing that suggests BRK/B forms
any part. Please correct me if I am wrong.
Q. given BRK/B's weighting, will XLF lose its correlation with
these other financial ETFs in future and/or particularly at key
market turning points?
Berkshire Hathaway added to XLF
Posted by philosoraptor on 6th of Mar 2010 at 06:20 am
This is something I missed last month, so apols if already posted on the blog - after their recent share split, 'Berkshire Hathaway B' has now been added to the 'XLF' ETF. Not just added, but with the fourth highest weighting of c. 8+%. The rub? Well, according to this article, historically BRK/B acts more like a Consumer Staple stock than a Financial:
http://seekingalpha.com/instablog/595521-kushal-kshirsagar-ph-d/57467-if-it-walks-like-a-duck-classifying-berkshire-hathaway
As a footnote, I have just researched UYG/SKF and FAS/FAZ individual components but can see nothing that suggests BRK/B forms any part. Please correct me if I am wrong.
Q. given BRK/B's weighting, will XLF lose its correlation with these other financial ETFs in future and/or particularly at key market turning points?
Xlu
Posted by skiesblue on 6th of Mar 2010 at 07:50 am
Can someone tell me where to find the dividend for xlu and payment dates. I've searched google but can't find it. Thanks
You can find it here:
Posted by kayak5 on 6th of Mar 2010 at 07:34 pm
You can find it here: http://www.sectorspdr.com/spdr/distributions/?symbol=XLU
There is a link above the table for the .csv and .xls files that contain more detailed information such as record and pay dates, gains, etc.