Vanguard MSCI Pacific ETF Experiences Big Outflow
Posted on September 11, 2012 at 12:10 PM EDT
Symbols mentioned in this story: VPL, TM, WBK, MTU Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.