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Rating:Vanguard Creates 500K New Shares of an ETF Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, September 25, 2012

Vanguard Creates 500K New Shares of an ETF

News summary by MFWire's editors

A $422-million Vanguard [profile] fixed income ETF is reaping heavy inflows. Forbes ETF Channel reports that the Vanguard Intermediate-Term Corporate Bond ETF share count jumped 500,000.

According to ETF Channel, $43.6 million flowed into the ETF last week, pushing its share count from 31.8 million to 32.3 million.

Other ETFs that had noteworthy inflows were the iShares Russell 1000 Growth Index Fund [profile], the iShares Dow Jones U.S. Basic Materials Sector Index Fund, the iShares MSCI Emerging Markets Minimum Volatility Index Fund and the iShares iBoxx $ High Yield Corporate Bond Fund

Edited by: HFD


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