Fed snaps up $1.3 billion in corporate bond ETFs and we finally know which funds it's been buying

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Fed snaps up $1.3 billion in corporate bond ETFs and we finally know which funds it's been buying
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fund, at $326.3 million of market value through May 19. The $1.6 trillion iShares fund family is administered by BlackRock, which in turn is directing the purchases for the New York Fed's bond-buying program.

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