Vanguard Total Bond ETF Sees $2.4 Billion Surge in Week-Over-Week Inflows
In recent analysis of exchange-traded funds (ETFs), the Vanguard Total Bond Market ETF (Symbol: BND) has emerged as a notable player, with an inflow of approximately $2.4 billion. This marks a 2.0% week-over-week increase in outstanding units, rising from 1,655,123,018 to 1,687,923,018.
The chart below illustrates BND’s price performance over the past year, alongside its 200-day moving average:
Currently, BND has experienced a 52-week low of $70.37 per share and a high of $75.67. Its last trade was recorded at $71.55. Analyzing the current share price against the 200-day moving average provides insight into market trends.
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Exchange-traded funds (ETFs) function similarly to stocks, but instead of “shares,” investors buy and sell “units.” These units can be traded like stocks and also created or destroyed based on investor demand. Each week, we assess week-over-week changes in shares outstanding to identify ETFs with significant inflows (creation of new units) or outflows (destruction of old units). The creation of new units typically means that the ETF needs to acquire the underlying assets, while the destruction involves selling those assets. Therefore, substantial inflows or outflows can influence the individual components held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
