BlackRock Short-Term Bond ETF Receives Record $2 Billion Deposit

BlackRock Inc.’s $5.4 billion exchange-traded fund that focuses on short-term Treasuries reported a record deposit of almost $2 billion yesterday.

The inflow accounted for a 58 percent increase in existing shares outstanding in the iShares Short Treasury Bond ETF, according to data compiled by Bloomberg. The eight-year-old fund focuses on debt maturing between one month and one year.

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