Noteworthy ETF Outflows: DVY, PFE, VZ, OKE

iShares Select Dividend ETF (DVY) registered an approximate $870.2M net outflow, equal to a 3.8% week-over-week decline in shares outstanding. The move stands out among ETFs covered by ETF Channel but is a fund-specific flow event and unlikely to have broader market impact.

Analysis

iShares Select Dividend ETF (DVY) registered an approximate $870.2M net outflow, equal to a 3.8% week-over-week decline in shares outstanding. The move stands out among ETFs covered by ETF Channel but is a fund-specific flow event and unlikely to have broader market impact.