Vanguard only major ETF provider to have inflows in May in U.S.

By Staff | June 6, 2012 | Last updated on June 6, 2012
1 min read

New data from the ETF Industry Association in the U.S. shows the only major American ETF provider that experienced inflows last month was Vanguard.

Investors put $4.2 billion into ETFs in May, compared with just over $3 billion the previous month. March, however, had seen inflows of $13.2 billion. As the Financial Times reports, the drop is attributable to recurrent Eurozone fears and investors’ desire for safe assets.

Vanguard gained $6.7 billion, while State Street Global Advisors saw $1.8 billion in outflows. BlackRock iShares lost $642 million and Invesco PowerShares, $482 million.

“The sales activity reflected demand for broad bond exposure and inflation hedges,” says the Financial Times. “Vanguard’s Barclays Total Bond ETF was the hottest seller, pulling in $1.2 billion in new inflows, followed by the iShares Barclays 1-3 Year Treasury ETF, which added $1.1 billion.”

This year to date, the ETF industry in the U.S. has seen $63 billion in inflows, up from $49.7 billion in 2011 and $27.6 billion in 2010. staff


The staff of have been covering news for financial advisors since 1998.