sguod99
2009-04-05 22:22:28 UTC
Gary - Biotech HOLDRs ETF (BBH) chart shows a huge drop on 4/1/09. Apparently, 45% of BBH's holdings were Genentech (DNA) which was recently bought by Roche. So BBH is issuing an $83.64 payout ....... technically a return on capital, but it affects its stock price like a dividend. Stock history needs to be corrected for this large payout.
Thanks in advance,
Doug S.
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Thanks in advance,
Doug S.
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