Noteworthy Decline in TLH Units as Investors Respond
Looking at week-over-week changes, the iShares 10-20 Year Treasury Bond ETF (Symbol: TLH) has reported a significant outflow of approximately $104.4 million. This marks a 1.4% decrease in shares outstanding, dropping from 69,100,000 to 68,100,000.
Examining the chart, TLH has a 52-week low of $98.19 and a high of $111.83. The most recent trading price stands at $104.06. Investors often analyze current prices against the 200-day moving average, providing insights into performance trends.
Understanding ETF Trading Dynamics
Exchange-traded funds (ETFs) function similarly to stocks, but instead of trading “shares,” investors are buying and selling “units.” These units are negotiable like stocks but can also be created or eliminated based on demand. Each week, we monitor the changes in shares outstanding to identify ETFs that experience significant inflows (creation of new units) or outflows (removal of old units). The creation of new units involves acquiring the underlying assets of the ETF, while the destruction of units means selling off those assets—significant shifts can influence the individual stocks held within these funds.
Click here to discover which 9 other ETFs have seen notable outflows »
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
