Pullback Buying Opportunity in These ETFs (VTI, IWD)
The iShares Russell 1000 Value ETF (IWD) is moving in a similar way, but this ETF has a different focus than the Total Stock Market ETF.
The Vanguard Total Stock Market ETF (VTI) is one way to participate.
1 the ETF hit a high of $118.74 and on the recent pullback saw the price drop as low as $112.65 on Mar.
The exact entry point and profit target used will have a significant impact on the risk/reward ratio of the trade.
If the price does head higher, the conservative target is $119.75, with a slightly more aggressive target at $120.50.
The SPDR S&P Dividend ETF (SDY) is also in an uptrend, but a weaker one.