So did Blackrock sell then, as I don't see their name listed anywhere? I was thinking the institutional ownership was only a portion of what the total was, and that ETF's, etc were calculated differently. I could be way off base, but at one point in time there was tons of excitement that BAA was ~90% owned by institutions, but only about 50% of that ever showed up...the other 40% was assumed to be in different funds.
I may just be crazy, but I remember the excitement around that 90% number and it's a bit worrisome if we're now really down to 25-30%.
