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Vanguard Bond ETFs Lose $1.4 Billion as One December Buyer Bails: (BLV)

TedTed
in The Bullpen
FYI: It’s been a painful week for a clutch of exchange-traded funds run by Vanguard Group Inc.

Three of its bond ETFs lost a total of $1.4 billion in a single day as one large trader, Beacon Capital Management, decided to sell. The Vanguard Long-Term Bond ETF, ticker BLV, saw its largest daily outflow on record as over $470 million drained away, data compiled by Bloomberg show. Short-term and intermediate-term debt funds also lost more than $400 million apiece.
Regards,
Ted
https://www.bloomberg.com//news/articles/2019-02-22/vanguard-bond-etfs-lose-1-4-billion-as-one-december-buyer-bails?srnd=markets-vp

M* Snapshot BLV:
https://www.morningstar.com/etfs/arcx/blv/quote.html
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