BSV, JDST: Big ETF Outflows
March 06, 2019 at 10:48 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 Vanguard Short-Term Bond ETF (BSV), where 19,600,000 units were destroyed, or a 6.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily Junior Gold Miners Index Bear 3X Shares (JDST), which lost 950,000 of its units, representing a 29.8% decline in outstanding units compared to the week prior.