VYM, PSAU: 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 High Dividend Yield ETF (VYM), where 22,100,000 units were destroyed, or a 12.1% decrease week over week. Among the largest underlying components of VYM, in morning trading today Microsoft Corporation (MSFT) is down about 1%, and General Electric Company (GE) is lower by about 0.5%.
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