The Net Flows Of iShares Intermediate Credit Bond ETF Point to $-536.76M Redemptions Due To -6.55% AUM Decrease

Today were released iShares Intermediate Credit Bond ETF (NASDAQ:CIU)‘s weekly net flows. The ETF registered $-536.76M weekly asset outflows for -6.55% decrease, reaching $7658.99M last week. The chart of iShares Intermediate Credit Bond ETF shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 0.02% or $0.02 during the last trading session, reaching $108.98. About 397,568 shares traded or 3.55% up from the average. iShares Intermediate Credit Bond ETF (NASDAQ:CIU) has risen 0.28% since January 6, 2017 and is uptrending. It has underperformed by 16.42% the S&P500.

The ETF’s YTD performance is 0%, the 1 year is 0% and the 3 year is 0%.

iShares Intermediate Credit Bond ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001.

More notable recent iShares Intermediate Credit Bond ETF (NASDAQ:CIU) news were published by: Benzinga.com which released: “Gen X Is Driving ETF Growth, Too” on July 18, 2016, also Seekingalpha.com with their article: “12 Large ETFs With Yields Above 10-Year Treasuries” published on November 19, 2010, Fool.com published: “Here’s What the Managers of the $6 Billion TIAA-CREF Trust Have Been Buying” on February 05, 2014. More interesting news about iShares Intermediate Credit Bond ETF (NASDAQ:CIU) were released by: Seekingalpha.com and their article: “‘No Confidence’ Vote: Weak EU Banks Imply That A New Financial Crisis Is Possible” published on July 01, 2016 as well as Fool.com‘s news article titled: “Bonds vs. Bond Funds” with publication date: March 24, 2010