Vanguard takes lion’s share of US ETF inflows – for second consecutive month
Jun 9th, 2012 | By Simon Smith, CFA
US-listed ETFs achieved $2.2 billion in net inflows in May, according to analysis from investment data provider Morningstar. Once again, Vanguard recorded the largest ETF inflows, collecting $3.24 billion in net new assets in May and topping the chart for the second consecutive month. Vanguard’s focus on low-costs and core-holding funds has helped the index specialist add over $24 billion in ETF AUM so far this year.