Notable ETF Inflow Detected – BND


Wanting right this moment at week-over-week shares excellent adjustments among the many universe of ETFs lined at ETF Channel, one standout is the Vanguard Whole Bond Market ETF (Image: BND) the place we’ve detected an approximate $2.1 billion greenback influx — that is a 3.9% enhance week over week in excellent items (from 612,123,018 to 635,923,018).

The chart under reveals the one yr value efficiency of BND, versus its 200 day shifting common:

Vanguard Total Bond Market ETF 200 Day Moving Average Chart

Wanting on the chart above, BND’s low level in its 52 week vary is $76.49 per share, with $89.3037 because the 52 week excessive level — that compares with a final commerce of $88.81. Evaluating the latest share value to the 200 day shifting common can be a helpful technical evaluation method — be taught extra concerning the 200 day shifting common ».

Change traded funds (ETFs) commerce identical to shares, however as a substitute of ”shares” traders are literally shopping for and promoting ”items”. These ”items” may be traded backwards and forwards identical to shares, however can be created or destroyed to accommodate investor demand. Every week we monitor the week-over-week change in shares excellent information, to maintain a lookout for these ETFs experiencing notable inflows (many new items created) or outflows (many elderly items destroyed). Creation of latest items will imply the underlying holdings of the ETF have to be bought, whereas destruction of items entails promoting underlying holdings, so giant flows also can influence the person elements held inside ETFs.

Click on right here to seek out out which 9 different ETFs had notable inflows »

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

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