Q: This ETF has shown on May 31,2018 95 million Outstdg shares. On Nov 1 they had 99 million shares. which in my opinion diluted the value of my shares.??
I called them and they said, that they had to issue new shares as Institutional clients asked for it.I said why they did not come on the open market and bid up the price. He said it doesn't work that way. I said isn't it like a Central Bank who just prints more money.Can you clarify who is right? Am confused.Art
I called them and they said, that they had to issue new shares as Institutional clients asked for it.I said why they did not come on the open market and bid up the price. He said it doesn't work that way. I said isn't it like a Central Bank who just prints more money.Can you clarify who is right? Am confused.Art