Significant Outflow Seen in WisdomTree’s IHDG ETF
This week, the WisdomTree International Hedged Quality Dividend Growth Fund (Symbol: IHDG) reported a substantial outflow of approximately $365.0 million. This translates to an 11.7% decrease in shares outstanding, dropping from 69,850,000 to 61,700,000.
The chart below illustrates IHDG’s price performance over the past year alongside its 200-day moving average:
Over the last year, IHDG has fluctuated between a low of $38.59 and a high of $46.955, with the latest trade recorded at $44.26. Tracking the current share price against the 200-day moving average can provide valuable insights into its performance.
Free Report: Top 8%+ Dividends (paid monthly)
Exchange-traded funds (ETFs) operate similarly to stocks, where investors buy and sell “units” instead of “shares.” These units can be traded like stocks, and they can also be created or destroyed based on market demand. Our weekly analysis tracks changes in shares outstanding to identify ETFs with significant inflows or outflows. When new units are created, it usually means the underlying assets must be purchased; when units are destroyed, the underlying assets are typically sold. Consequently, large movements can influence the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
Also see:
- S&P 500 Components Hedge Funds Are Buying
- QEMM Dividend History
- Top Ten Hedge Funds Holding NOPE
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
