VCIT, UJB: Big ETF Outflows
ETF Channel Staff - Monday, October 6, 10:56 AMLooking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard Intermediate-Term Corporate Bond ETF, where 17,874,584 units were destroyed, or a 2.6% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra High Yield, which lost 30,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
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