The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) has reported a significant $300.5 million inflow, marking a 2.4% week-over-week increase in outstanding units from 251,200,000 to 257,150,000. This movement highlights growing investor interest in the ETF.
Currently, USIG’s share price stands at $50.40, with a 52-week range spanning from a low of $49.10 to a high of $52.935. The inflow coincides with ongoing monitoring of ETF share changes, which can impact the underlying holdings.
Understanding changes in ETF units is crucial, as new units correspond to the purchase of underlying assets, while outflows indicate selling of those assets, potentially affecting market dynamics.
