Significant Outflows Impact Major ETFs This Week
Vanguard Long-Term Treasury ETF Faces Major Drop in Units
Looking at the latest data from ETF Channel, the Vanguard Long-Term Treasury ETF experienced the largest decline in units outstanding, with a reduction of 18,046,864 units. This represents a substantial decrease of 9.3% compared to the previous week.
On a percentage basis, the ETF suffering the most significant outflow was the BUFG ETF. It saw a loss of 4,900,000 units, translating to a staggering 32.6% drop in outstanding units compared to the week before.
VIDEO: VGLT, BUFG: Big ETF Outflows
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.