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Investing May 17, 2011
U.S. Stock ETFs Bounce Back in April
May 17, 2011 (PLANSPONSOR.com) - Inflows for U.S. ETFs accelerated to $23.3 billion in April after reaching just $6.9 billion in March.
Reported by
Rebecca Moore
U.S. stock ETFs, which lost more than $3.3 billion to outflows in March, bounced back in April with inflows of $10.2 billion, according to data from Morningstar. Among the stylebox categories, only small-value offerings saw outflows, totaling $223 million.
Investors added $7.1 billion during the month to international-stock ETFs after contributing $6.7 billion in March.
Following March outflows of $218 million, commodities ETFs saw inflows of approximately $821 million in April with the majority of these inflows directed to physically-backed gold offerings.
Taxable-bond ETFs collected $3.6 billion in new assets in April, and the municipal-bond ETF asset class, with about $98 million, had its strongest monthly inflow since October.
The Morningstar report is at http://www.global.morningstar.com/aprilflows11.You Might Also Like:
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