SHY, AGND: Big ETF Outflows
November 02, 2015 at 10:47 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares 1-3 Year Treasury Bond ETF (SHY), where 8,700,000 units were destroyed, or a 5.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Barclays US Aggregate Bond Negative Duration Fund (AGND), which lost 100,000 of its units, representing a 20.0% decline in outstanding units compared to the week prior.