Vanguard Intermediate-Term Bond ETF Sees Notable Inflow in Week
Analyzing week-over-week changes in shares outstanding among ETFs, the Vanguard Intermediate-Term Bond ETF (Symbol: BIV) stands out with an inflow of approximately $723.9 million. This marks a 3.3% increase in outstanding units, rising from 292,154,060 to 301,654,060.
The chart below illustrates BIV’s price performance over the past year, compared to its 200-day moving average:
According to the chart, BIV reached a low of $73.63 and a high of $78.89 over the past 52 weeks. Its most recent trade was at $76.20. Analyzing the recent share price in relation to the 200-day moving average can provide valuable insights into its performance.
Exchange-traded funds (ETFs) function similarly to stocks, with “units” being exchanged instead of “shares.” These units can be traded like stocks but are also subject to creation or destruction based on investor demand. Each week, we track changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units typically leads to the purchase of underlying holdings, while the destruction of units involves selling those holdings, which can impact the individual components within ETFs.
Click here to find out which other ETFs experienced 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.