Stock buybacks have been labeled a 'bubble,' a 'panic,' and 'corporate self-indulgence,' but an ETF that's tracking them keeps setting records

Democratic presidential candidates, Republican Sen. Marco Rubio, and an investment strategist at a major Wall Street firm are among the many who have piled onto corporate buybacks in one way or another.
Still, an exchange-traded fund that tracks stock-buyback activity keeps sailing to all-time highs.
That may come as no surprise to those closely watching buybacks, which have soared in recent quarters.
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Buybacks are a political football perfectly