DVY, ZIG: Big ETF Outflows
March 29, 2023 at 12:45 PM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Select Dividend ETF, where 20,800,000 units were destroyed, or a 10.1% decrease week over week. Among the largest underlying components of DVY, in morning trading today Altria Group is up about 0.5%, and Verizon Communications is up by about 0.7%.