“AGG: Watch for Significant ETF Outflows”

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Significant Outflow Detected in iShares Core U.S. Aggregate Bond ETF

ETF Experiences $303.1 Million Drop in Shares Outstanding

In the latest report from ETF Channel, the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) is making headlines due to a notable outflow of approximately $303.1 million. This represents a week-over-week decline of 0.2%, decreasing shares outstanding from 1,243,200,000 to 1,240,100,000.

The chart below illustrates AGG’s price performance over the past year, alongside its 200-day moving average:

iShares Core U.S. Aggregate Bond ETF 200 Day Moving Average Chart

AGG has seen a 52-week low of $94.85 per share and a high of $102.04, with its most recent trading price at $97.42. Analyzing the share price in relation to the 200-day moving average can provide insight into market trends.

Exchange traded funds (ETFs) operate similarly to stocks. However, instead of “shares,” investors buy and sell “units.” These units can be adjusted based on investor demand. Our weekly analysis tracks changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (old units destroyed). Creating new units requires purchasing the underlying assets, while destroying units involves selling those components. As a result, substantial flows can influence the ETF’s underlying investments.

Click here to find out which 9 other ETFs experienced notable outflows »

Also see:
  • ADVM Options Chain
  • TRIT Historical Stock Prices
  • Funds Holding APB

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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