The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) experienced a significant outflow of approximately $164.3 million, marking a 1.0% week-over-week decrease in shares outstanding, dropping from 324,350,000 to 321,150,000. This information was reported today.
Over the past year, USIG has fluctuated between a low point of $49.10 and a high of $52.72, with its latest trading price at $51.24. The ETF’s performance is likened to its 200-day moving average, providing insights into market trends.
