Examining Outflows in Investment Grade Corporate Bond ETFs
One week’s span unveiled a noticeable trend in the realm of ETFs. The iShares iBoxx $ Investment Grade Corporate Bond ETF witnessed a profound occurrence – the destruction of 14,800,000 units. This resulted in a 4.8% decrease in units when juxtaposed with the previous week.
Staggering Percentage Drop in FBL ETF
The FBL ETF, on the other hand, experienced a different saga. This particular ETF encountered a staggering decline, as 200,000 of its units bid adieu, marking a substantial 39.2% decrease in outstanding units compared to the previous week.
VIDEO: Market Reaction to ETF Outflows
The sentiments expressed here solely belong to the author and may not necessarily mirror those of Nasdaq, Inc.
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