Vanguard Total Bond Market ETF Sees $1.3 Billion Outflow
Recent analysis of exchange-traded funds (ETFs) reveals significant changes in shares outstanding, notably for the Vanguard Total Bond Market ETF (Symbol: BND). This fund experienced an outflow of approximately $1.3 billion, marking a 1.0% decrease week over week, with shares outstanding decreasing from 1,743,523,018 to 1,725,823,018.
The chart below illustrates BND’s one-year price performance compared to its 200-day moving average:
BND has a 52-week low of $70.97 per share and a high of $75.67. Its most recent trading price is $72.50. Comparing this latest price to the 200-day moving average can provide valuable insights for technical analysis.
ETFs operate similarly to stocks, where investors buy and sell “units” instead of “shares.” These units can be traded continuously, but they can also be created or removed based on market demand. Each week, we track the week-over-week changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (old units removed). The creation of new units requires the purchase of underlying holdings in the ETF, whereas the destruction of units necessitates selling these holdings, potentially impacting the individual assets within the ETF.
Click here to find out which 9 other ETFs experienced notable outflows.
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