The representative may agree to allocate a number of shares of common stock to underwriters for sale to their online brokerage account holders. (sec.gov)
The dividend payments float as the bonds in the fund change, and the value of the share price changes daily. (us.etrade.com)
Unlike a company stock, the number of shares outstanding of an ETF can change daily because of the continuous creation of new shares and the redemption of existing shares. (fidelity.com)