🔴 Large Blend ETF (MTUM) is trading 1.65% down today as elevated Treasury yields pressure technology stocks

MTUM is trading at $305.32, down 1.65% on August 19, 2026, as elevated Treasury yields pressure technology valuations.

• Its heavy 47.7% information-technology allocation is amplifying Nasdaq weakness amid caution toward rate-sensitive growth stocks and richly valued AI equities.
• The Philadelphia Semiconductor Index fell about 5%, while NVIDIA declined 2.3% in the broader technology selloff.
• The 30-year Treasury yield reached roughly 5.33%, highest since 2007; higher oil prices tied to stalled U.S.-Iran diplomacy and uncertainty ahead of Federal Reserve minutes pressured valuations, with Nasdaq weaker than the Dow and S&P 500.