VNQ, GERJ: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Vanguard REIT ETF (VNQ), which shed 6.7 million shares, or a 2.5% decrease week over week. Among the largest underlying components of VNQ, in morning trading today Simon Property Group (SPG) is down about 1.4%, and HCP (HCP) is lower by about 3.8%.