BSV, UBT: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard Short-Term Bond ETF (BSV), where 2,400,000 units were destroyed, or a 0.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra 20+ Year Treasury (UBT), which lost 100,000 of its units, representing a 26.7% decline in outstanding units compared to the week prior.
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