Vanguard ETFs Get $7B Investments In May
Vanguard Group managed exchange-traded funds received $7 billion in investments from investors.
Vanguard Group managed exchange-traded funds (ETFs) received $7 billion in investments from investors, Reuters reports. State Street managed ETFs saw $4.3 billion being pulled out, while investors pulled $2.2 billion from funds of Invesco’s PowerShares unit. Investors also pulled out around $500 million from BlackRock’s iShares division last month. The figures do not include exchange-traded trusts, such as State Street’s SPDR Gold Trust and the iShares Silver Trust.
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