The iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) experienced a significant outflow of approximately $177.3 million, marking a 1.0% decrease in shares outstanding week-over-week. Shares decreased from 333,400,000 to 329,950,000.
As of the latest trade, USIG’s share price stands at $51.41, within its 52-week range of $49.10 to $52.72. The ETF’s performance is closely monitored against its 200-day moving average, providing insights into its technical standing.
