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Email this7:54 pm
August 14, 2023
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canuckles said
Thank you @TINAisOver for putting this market vs NAV price chart together. It's exactly what I was looking for! Can you share what you used (e.g. app?) to do this?
The chart I put up was your idea. It was a good one. Pretty simple, anyone can do this on their desktop. I went to the HSAV product page where they have a dynamic daily chart starting from the ETF inception date. I then used the charts system in yahoo finance . Using a monthly interval, I plotted HSAV 's NAV price points about 6 months apart, drew a line connecting them using the chart's graphic tools. Next , I used the 'print screen' key on the keyboard and pasted in the Paint program that comes with MS Windows, cropped the the image and saved it.
If Itrade's charting module in their new trading app., Trade Pro, wasn't nearly a complete piece of crap, I would have used it instead.
Trader first, Saver second
9:15 pm
August 14, 2023
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mordko said
Glad you are doing this. Helps to subsidize market makers and, ultimately, the rest of us. Great work, well worth the effort.Many thanks!
You're very welcome. Please don't feel that you owe me anything. Full disclosure I cannot take credit for this alone. I must be in good company active trading These ETFs. Case in point, Evolve's HISA ETF. It trades quite briskly at a guess of about 150k per day . Except for two sequential days each month 8 out of the last 10 Dividend periods. HISA trades to the sky relative to any other day in the period. nearly an equal volume of trades each Div. day and pre. in the range of 6-9million shares.
Except for this pattern , I cannot prove the motivation of these trades , but what other explanation could there be . Traders are selling on pre Div. and buying back on Div. day. to receive the capital gain rather than the interest income for the tax advantage.
Trader first, Saver second
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