SDY, TPOR: 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 S&P Dividend ETF (SDY), where 11,950,000 units were destroyed, or a 6.7% decrease week over week. Among the largest underlying components of SDY, in morning trading today AT&T (T) is up about 0.3%, and Realty Income Corporation (O) is lower by about 0.2%.