351 Exchange ETFs A Growing Tax Tool: Brent Sullivan

351 ETF Exchanges: a tax-optimization tactic discussed on Bloomberg ETF IQ where investors move appreciated securities into a newly created fund to avoid or lessen capital gains taxes. Brent Sullivan of Tax Alpha Insider explained the mechanics and tax intent; this is primarily a tax and fund-structuring issue that may influence ETF flows and investors' tax lots but is not directly market-moving news.

Analysis

351 ETF Exchanges: a tax-optimization tactic discussed on Bloomberg ETF IQ where investors move appreciated securities into a newly created fund to avoid or lessen capital gains taxes. Brent Sullivan of Tax Alpha Insider explained the mechanics and tax intent; this is primarily a tax and fund-structuring issue that may influence ETF flows and investors' tax lots but is not directly market-moving news.