LQD, CORD: Big ETF Outflows

11,800,000 units of the iShares iBoxx $ Investment Grade Corporate Bond ETF were redeemed week-over-week, a 4.0% decline and the largest outflow among ETFs tracked by ETF Channel. The result signals modest investor selling pressure in IG corporate bond ETF exposure in this single-week snapshot rather than an immediate market-moving development.

Analysis

11,800,000 units of the iShares iBoxx $ Investment Grade Corporate Bond ETF were redeemed week-over-week, a 4.0% decline and the largest outflow among ETFs tracked by ETF Channel. The result signals modest investor selling pressure in IG corporate bond ETF exposure in this single-week snapshot rather than an immediate market-moving development.