iShares Short Treasury Bond ETF Sees Significant Weekly Inflows

In today’s overview of week-over-week changes in shares outstanding for various ETFs tracked by ETF Channel, the iShares Short Treasury Bond ETF (Symbol: SHV) stands out. This ETF has experienced an approximate inflow of $269.9 million, translating to a 1.3% increase in outstanding units—from 181,590,000 to 184,040,000.

The chart below illustrates SHV’s price performance over the past year in relation to its 200-day moving average:

As observed in the chart, SHV reached a low of $109.91 per share and a high of $110.64 in its 52-week range, compared to a latest trading price of $110.20. Analyzing the most recent share price alongside the 200-day moving average can provide valuable insights for investors—learn more about the 200-day moving average here.

Exchange-traded funds (ETFs) function similarly to stocks, but instead of acquiring “shares,” investors buy and sell “units.” These “units” can be traded like stocks, and they can also be created or destroyed based on investor demand. Each week, we examine changes in shares outstanding to identify ETFs that are experiencing significant inflows (indicating many new units are being created) or outflows (suggesting substantial unit destruction). The creation of new units necessitates the purchase of the ETF’s underlying holdings, while the destruction involves selling them. Therefore, large inflows or outflows can affect the individual securities held within these ETFs.

Click here to check out which 9 other ETFs have seen notable inflows »

Also see:

• PF Historical Stock Prices
• GGN Videos
• NTAP YTD Return

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.