Notable Outflow Records for Vanguard Short-Term Corporate Bond ETF
Today, we observe significant changes in shares outstanding among various ETFs tracked by ETF Channel. Notably, the Vanguard Short-Term Corporate Bond ETF (Symbol: VCSH) reported an outflow of approximately $329.4 million, marking a 0.9% week-over-week decrease from 443,779,129 shares to 439,591,833 shares.
The chart below illustrates VCSH’s one-year price performance in relation to its 200-day moving average:
VCSH’s 52-week low stands at $76.805 per share, while its 52-week high reaches $79.54. The most recent trading price was $78.64. By comparing the current share price to the 200-day moving average, investors can conduct further technical analysis to gauge trends and potential market movements.
Exchange-traded funds (ETFs) function similarly to stocks; however, investors buy and sell “units” rather than “shares.” These units can be traded just like stocks but may also be created or destroyed based on investor demand. Each week, we analyze the week-over-week changes in outstanding shares data to identify ETFs with significant inflows (increased units created) or outflows (units destroyed). The creation of new units necessitates purchasing the ETF’s underlying holdings, while the destruction involves selling those holdings. Consequently, large flows can also impact the individual components within the ETFs.
For further insights on ETF performance, you can explore which nine other ETFs experienced notable outflows this week.
Also of Interest:
- Funds Holding ATRC
- Top Ten Hedge Funds Holding CTKH
- VRAX Shares Outstanding History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
