Vanguard Small-Cap Growth ETF Sees $131.9 Million Outflow This Week
In a recent analysis of week-over-week changes in shares outstanding among ETFs, the Vanguard Small-Cap Growth ETF (Symbol: VBK) has drawn attention due to an estimated outflow of approximately $131.9 million. This represents a decrease of 0.8%, lowering shares outstanding from 69,789,801 to 69,209,351.
Among VBK’s largest underlying components, notable market movements included Deckers Outdoor Corp. (Symbol: DECK), which saw a decline of around 1.4%. In contrast, Liberty Media Corp (Symbol: FWONK) experienced a slight increase of 0.2%, while DraftKings Inc (Symbol: DKNG) rose significantly by about 5.6%. For detailed information, visit the VBK Holdings page.
The performance chart below illustrates VBK’s price movement over the past year, including its 200-day moving average:
The chart indicates that VBK’s 52-week low stands at $214.77 per share, compared to a high of $304.59. Currently, the ETF trades at $227.25. Investors often compare the latest share price against the 200-day moving average, which can serve as an insightful technical analysis metric. To explore further, learn more about the 200-day moving average.
Exchange traded funds (ETFs) function similarly to stocks, with investors trading ”units” rather than ”shares.” These units allow trading back and forth like stocks, but they can also be created or destroyed based on investor demand. Each week, we analyze the changes in shares outstanding data to identify ETFs with significant inflows (indicative of new unit creation) or outflows (reflecting unit destruction). The creation of new units necessitates purchasing the underlying assets of the ETF, while the destruction of units requires selling them. Therefore, substantial flows can impact the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
Also see:
- Funds Holding WY
- SGYP Market Cap History
- Funds Holding MSTQ
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
