BlackRock Survey: Boomers Missing out on ETF Revolution

Even as ETF adoption surges, a surprising group of investors appears to be holding back. Boomers (aged 52-70) are in their peak investing years, but they lag behind their children and parents when it comes to using exchange traded funds (ETFs), according to data released today by BlackRock, Inc. (NYSE: BLK). The “BlackRock ETF Pulse Survey,” which polls advised and self-directed individual investors, found that only 27% of Boomers invested in ETFs, compared to 42% of Millennials (21-35) and 37% of Silvers (71+).