Master Class  Welcome to the second installment of our Master
Class on bond ETFs, where we go beyond the basics to learn how
these funds work and gain an understanding of their features and
benefits.  Last time, we talked about the three key elements of
a bond ETF.  Now that we’ve laid the foundation, the next
concept to tackle is how they compare to stock ETFs.  Stock ETFs
and bond ETFs actually have quite a few things in common.  Both
vehicles typically track an index, both trade on an equity
exchange, and both give investors exposure to a diversified
portfolio of securities in one trade.  However, because stocks
and bonds trade very differently, it stands to reason that stock
and bond ETFs would differ as well.  In particular, it’s helpful
to keep the following things in mind:  Stocks trade on an
exchange where their prices are publicly available throughout
the day.  There is generally an active secondary market for most
stocks, meaning that buyers can typically finds sellers and
sellers can typically find