Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares iBoxx $ Investment Grade Corporate Bond ETF, where 11,600,000 units were destroyed, or a 3.6% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the State Street Short Duration IG Public & Private Credit ETF, which lost 1,400,000 of its units, representing a 35.9% decline in outstanding units compared to the week prior.
VIDEO: LQD, PRSD: Big ETF Outflows
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