“Significant Capital Inflows Observed in AGG ETF”

Published On: October 18, 2024 3:14 pm

iShares Core U.S. Aggregate Bond ETF Sees $288 Million Inflow

Investors Increase Stake in AGG Amidst Notable Changes in Shares Outstanding

In the latest week, the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) has attracted significant investor interest, marked by an inflow of approximately $288.4 million. This has led to a week-over-week increase of 0.2% in its outstanding units, rising from 1,184,300,000 to 1,187,200,000.

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

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

Examining the chart, AGG’s 52-week low stands at $91.5819 per share, while its 52-week high is $102.04. The current trading price is $99.62. Analyzing the recent share price in relation to the 200-day moving average can provide valuable insights for traders.

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Exchange-traded funds (ETFs) operate similarly to stocks, but instead of buying “shares,” investors purchase “units.” These units can be traded like stocks and can also be created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs experiencing notable inflows (more units created) or outflows (units liquidated). The creation of new units necessitates purchasing the underlying holdings of the ETF, while the destruction typically involves selling those holdings. Consequently, significant inflows or outflows can affect the ETF’s individual components.

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