One of Vanguard’s Biggest Credit ETFs Bleeds Record $5.5 Billion
- VCSH on track for an unprecedented 15th week of outflows
- Questions on Fed path, debt ceiling dim risk appetite: Rosner
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Investors are yanking cash at a record pace from the world’s second-biggest credit exchange-traded fund.
The $36 billion Vanguard Short-Term Corporate Bond ETF (ticker VCSH) has bled nearly $5.5 billion this year, the most year-to-date since its inception in 2009, data compiled by Bloomberg show. The fund, which tracks high-grade debt maturing in one to five years, is on track for an unprecedented 15th straight week of outflows.