TLT, FTHI: Big ETF Outflows
May 05, 2021 at 11:45 AM EDT
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 20+ Year Treasury Bond ETF, where 9,200,000 units were destroyed, or a 9.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the First Trust BuyWrite Income ETF, which lost 700,000 of its units, representing a 24.4% decline in outstanding units compared to the week prior.