Assets in actively managed ETFs grew by $257 million or 1.2% to $21.173 billion. There were no new funds last week leaving the count at 133.
The big mover at the provider level was the $408 million inflow at PIMCO. The other fund provider flows were generally quite small with much of the difference between the overall $257 million net move being attributable to declines in most markets last week.
At the category level the only story was the $433 inflow to Short Term Bond which is consistent with the PIMCO's gains mentioned above. The PIMCO numbers were also large enough to influence the market share data as well. PIMCO's share grew 157 basis points to 34.37% which was roughly in line with the 167 basis point increase for Short Term Bond up to 32.87%.
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Number of Active ETFs by Sponsor
Number of Active ETFs by Strategy
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/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: To the extent that this content includes references to securities, those references do not constitute an offer or solicitation to buy, sell or hold such security. AdvisorShares is a sponsor of actively managed exchange-traded funds (ETFs) and holds positions in all of its ETFs. This document should not be considered investment advice and the information contain within should not be relied upon in assessing whether or not to invest in any products mentioned. Investment in securities carries a high degree of risk which may result in investors losing all of their invested capital. Please keep in mind that a company’s past financial performance, including the performance of its share price, does not guarantee future results. To learn more about the risks with actively managed ETFs visit our website http://AdvisorShares.com . AdvisorShares is an SEC registered RIA, which advises to actively managed exchange traded funds (Active ETFs). The article has been written by Roger Nusbaum, AdvisorShares ETF Strategist. We are not receiving compensation for this article, and have no business relationship with any company whose stock is mentioned in this article.