One State Plan Quadruples Down on BondBloxx

Since launching its first seven industry sector-specific high-yield bond ETFs in February, institutional investors have taken to the products and expertise of BondBloxx Investment Management. Case in point: the Municipal Employees Retirement System of Michigan. As of June 30, the Lansing-based state pension plan had roughly $53 million allocated to three BondBloxx ETFs. Now, MERS [...] The post One State Plan Quadruples Down on BondBloxx appeared first on ETF Trends .