iShares Core U.S. Aggregate Bond ETF Sees Significant Inflow Amidst Growing Investor Interest

Notable Week-Over-Week Change in Outstanding Units

Looking at changes in shares outstanding for ETFs this week, the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) has shown remarkable activity. Approximately $979.2 million entered the fund, resulting in a 0.8% increase in outstanding units—from 1,221,600,000 to 1,231,700,000.

Price Performance: Insights into AGG

The chart above illustrates AGG’s price performance over the past year, along with its 200-day moving average. Over this period, AGG reached a low of $94.85 per share and a high of $102.04, with the latest trade occurring at $96.65. This data serves as a useful reference for investors employing technical analysis.

Exchange-traded funds (ETFs) operate similarly to stocks; however, investors buy and sell “units” instead of “shares.” These units can be traded like stocks and can also be created or destroyed based on investor demand. Each week, we review the week-over-week changes in shares outstanding to identify ETFs experiencing significant inflows—indicating the creation of new units—or outflows, which suggest that older units are being eliminated. When new units are created, the underlying assets of the ETF must be acquired, while unit destruction means selling off those assets. Hence, substantial flows can also affect the individual components within the ETFs.

Click here to find out which 9 other ETFs had notable inflows »

Related Resources

• KID Historical Stock Prices
• Institutional Holders of OLB
• Ventas Shares Outstanding History

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