BIL, IDHD: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL), where 5,999,539 units were destroyed, or a 14.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the PowerShares S&P International Developed High Dividend Low Volatility Portfolio (IDHD), which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.