The active ETF market experienced a modest uptick during the abbreviated holiday week, with total net assets exceeding $14.8 billion. The Short Term Bond category, led by the iShares Short Maturity Bond ETF and the PIMCO Enhanced Short Duration ETF, had the highest weekly increase in net assets by about $25 million. Net assets in the Foreign Bond category decreased by almost $26 million, which included WisdomTree's Emerging Markets Local Debts ETF. Meanwhile, the U.S. Equity category, including the AdvisorShares TrimTabs Float Shrink ETF, showed a moderate increase in net assets from the previous week.
To subscribe to our full monthly report, please register at www.advisorshares.com (note the full report is only available to financial professionals).
Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000 shares.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.