Major ETF Inflows: Vanguard and CNAV Stand Out
This past week saw notable changes in the exchange-traded fund (ETF) market. According to data from ETF Channel, the Vanguard FTSE Developed Markets ETF (VEA) experienced the largest inflow, adding an impressive 41,379,358 units. This figure marks a 1.5% increase compared to last week. Among VEA’s key components, Iamgold rose approximately 2.7%, while Shopify saw a decline of about 3.1%.
On a percentage basis, the ETF that recorded the highest growth in inflows was the CNAV ETF. It added 660,000 units, resulting in a remarkable increase of 39.1% in total outstanding units.
VIDEO: VEA, CNAV: Big ETF Inflows
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