Vanguard's Patent About to Expire: What's Next for Active ETFs?
Justin Kuepper
|
Vanguard's patent on adding an ETF share class to mutual funds will expire...
LEN reported earnings of $114.96 million, or 50 cents per share, compared to $78.12 million, or 35 cents per share, last year. On average, analysts expected to see EPS of 45 cents.
Revenue
The company reported a 21% increase in quarterly sales to $1.64 billion. Analysts expected to see $1.50 billion in revenue.
The company also reported that new orders placed in Q1 rose 18% – which is good news for the financial prospects of future quarters.
As the housing market continues to recover, homebuilders like Lennar have been boosting incentives in order to increase sales.
Symbol | Mutual Fund | Stake |
---|---|---|
VWNDX | Vanguard Windsor | 2.53% |
CGMFX | CGM Focus | 1.66% |
VMCIX | Vanguard Mid Cap | 1.51% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Vanguard's patent on adding an ETF share class to mutual funds will expire...
Sam Bourgi
|
Regarding portfolio allocation, the investment manager PIMCO believes bonds are alluring again thanks...
Kristan Wojnar, RCC™
|
Let’s dive into the business building ideas of social media planning, cultivating new...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...
LEN reported earnings of $114.96 million, or 50 cents per share, compared to $78.12 million, or 35 cents per share, last year. On average, analysts expected to see EPS of 45 cents.
Revenue
The company reported a 21% increase in quarterly sales to $1.64 billion. Analysts expected to see $1.50 billion in revenue.
The company also reported that new orders placed in Q1 rose 18% – which is good news for the financial prospects of future quarters.
As the housing market continues to recover, homebuilders like Lennar have been boosting incentives in order to increase sales.
Symbol | Mutual Fund | Stake |
---|---|---|
VWNDX | Vanguard Windsor | 2.53% |
CGMFX | CGM Focus | 1.66% |
VMCIX | Vanguard Mid Cap | 1.51% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Vanguard's patent on adding an ETF share class to mutual funds will expire...
Sam Bourgi
|
Regarding portfolio allocation, the investment manager PIMCO believes bonds are alluring again thanks...
Kristan Wojnar, RCC™
|
Let’s dive into the business building ideas of social media planning, cultivating new...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...