Latest news with #Filmore
Yahoo
19-02-2025
- Business
- Yahoo
Vanguard's VOO overtakes SPY as largest ETF in the world
Vanguard's S&P 500 ETF (VOO) has overtaken the SPDR S&P 500 ETF Trust (SPY) as the largest ETF in the world. Tidal Financial Group Chief Revenue Officer Gavin Filmore joins Catalysts to discuss this development and its implications for the broader ETF landscape. Filmore describes it as "a milestone to see these two products at such large AUM [assets under management] levels," emphasizing that SPY "arguably has the best liquidity in the market" and is more suitable for active traders. He points out that VOO's lower fees make it potentially more attractive for long-term investors: "So if you're a buy-and-hold investor, VOO might be more favorable." However, Filmore maintains that both products are "very healthy." Addressing YouTuber Kevin Paffrath's recent closure of his ETF (PP), which held approximately $32 million in assets, Filmore acknowledges that "it was a good example of innovation in the market," though he emphasizes that "it comes down to education" for investors considering these types of investment vehicles. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
Yahoo
12-02-2025
- Climate
- Yahoo
Potential flooding in Northport leaves one homeowner preparing for the worst
NORTHPORT, Ala. (WIAT) — Northport homeowner David Filmore said he's preparing for potential flooding this week. For nearly seven years, Filmore said flooding has been an issue outside of his home on 71st Avenue, as the rain often flows from the road to his backyard, creating a pool of rainwater and leaving damage to his home. 3 Trussville-area teams remain in high school basketball playoffs 'It runs all across my driveway, runs into my garage, runs under my house,' said Filmore. 'I've done a lot of work on my yard. Half of my yard is covered in gravel.' Filmore believes the problem stems from the structure of the road and the water drainage system, creating a lack of rainwater to flow to the main rain ditch at the bottom of this creek near his home. It's an issue he said he's presented to the city over the years, citing the damage to his home and his fears of it being a potential hazard to drivers. 'Nobody does the speed limit on this 35 MPH road. Somebody's going to get in there and get in the mud, run off in the ditch on my side or somebody will hit somebody or hit another car head on,' said Filmore. After years of speaking out about this, Filmore said city officials have acknowledged his concern and progress is slowly being made. He says workers have moved a water line that was across the street from his home. White House fires USAID inspector general following critical report But on heavy rainy days like those expected this week, he can't help but wish that progress would speed up. 'I just want to see the water flow where it's supposed to and quit flooding my yard,' said Filmore. CBS 42 reached out to the Northport City Engineer Department for comment on this issue, we are still waiting to hear back. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
