VGSH, GURU: Big ETF Outflows
March 06, 2024 at 11:29 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 Treasury ETF, where 35,673,609 units were destroyed, or a 9.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Guru Index ETF, which lost 440,000 of its units, representing a 30.6% decline in outstanding units compared to the week prior.