Vanguard Long-Term Treasury ETF Sees Significant Outflows
Investors Pull Nearly $1 Billion from VGLT in Just One Week
In the latest analysis of week-over-week changes in exchange-traded funds (ETFs), the Vanguard Long-Term Treasury ETF (Symbol: VGLT) stands out. Recent reports indicate an outflow of approximately $987.6 million, marking a notable 7.0% decrease in shares outstanding, which dropped from 240,729,410 to 223,759,706.
The following chart illustrates VGLT’s one-year price performance along with its 200-day moving average:
Notably, VGLT hit a low of $54.435 per share over the past 52 weeks, while its peak reached $63.41. The most recent trade price stands at $56.70. Analyzing VGLT’s current share price in relation to its 200-day moving average can provide useful insights for investors who rely on technical analysis.
Exchange-traded funds (ETFs) function similarly to stocks, but rather than “shares,” investors trade in “units.” These units can be exchanged like stocks, and they can also be created or destroyed depending on investor demand. Each week, we track the changes in shares outstanding to identify ETFs that are seeing considerable inflows (when new units are created) or outflows (when existing units are removed). A rise in new units suggests increased purchasing of the ETF’s underlying assets, whereas unit destruction may indicate selling pressure on those underlying holdings.
Click here to find out which 9 other ETFs experienced notable outflows »
Additional Resources:
- Cheap Services Stocks
- Funds Holding OTTW
- EA Shares Outstanding History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
