VYM, RUSS: Big ETF Outflows
December 06, 2013 at 12:53 PM 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 High Dividend Yield ETF (VYM), where 2.3 million units were destroyed, or a 2.0% decrease week over week. Among the largest underlying components of VYM, in morning trading today Exxon Mobil (XOM) is up about 1%, and General Electric (GE) is up by about 1.7%.