VCIT, EMMF: 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 Intermediate-Term Corporate Bond ETF (VCIT), where 6,090,821 units were destroyed, or a 2.2% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Emerging Markets Multifactor Fund (EMMF), which lost 400,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.