For a second week in a row, assets in actively managed ETFs had a very small gain, $72 million last week, which brings the total asset level up to $25.238 billion. There was one new fund launched last week which brings the count up to 144.
First Trust led the way with a $95 million net increase in AUM followed by $40 million at Guggenheim while WisdomTree had a net decrease of $26 million. WBI had a similar $23 million contraction followed by $20 million from PIMCO.
At the category level, Short Term Bond led inflows with $78 million followed by $27 million for High Yield. Foreign Bond dropped by $30 million and Tactical fell by $21 million.
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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 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.