S&P 500 Rallies for Fourth Day, Driving VO Assets Higher

The S&P 500 rose 0.4% for the fourth consecutive day, leading to significant inflows into ETFs. The Vanguard Mid-Cap ETF (VO) attracted $1.2 billion, increasing its assets to nearly $80.3 billion. Other ETFs like VXF, VOO, and VCIT also saw substantial inflows. In contrast, SPDR Gold Shares and ARK Innovation ETF experienced notable outflows. Overall, U.S. equity ETFs gained $5.6 billion, contributing to a total of $6.6 billion in net inflows across all ETFs.

The Vanguard Mid-Cap ETF (VO) pulled in $1.2 billion, increasing its assets under management to nearly $80.3 billion, according to data provided by FactSet. This inflow came as the S&P 500 rose 0.4% on Thursday, marking its fourth consecutive session of gains.

The Vanguard Extended Market ETF (VXF) attracted $834.2 million, the Vanguard S&P 500 ETF (VOO) added $463 million and the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) gained $419 million as Treasury yields fell after an unexpected decline in wholesale prices.

On the outflow side, the SPDR Gold Shares (GLD) saw redemptions of $441 million, the iShares 0-3 Month Treasury Bond ETF (SGOV) experienced outflows of $236 million and the ARK Innovation ETF (ARKK) lost $207 million.

U.S. equity led asset classes with inflows of $5.6 billion as the Dow Jones Industrial Average climbed 272 points, while commodities ETFs experienced outflows of $583 million. Overall, ETFs gained $6.6 billion in net inflows.

Top 10 Creations (All ETFs)

Ticker	Name	Net Flows ($, mm)	AUM ($, mm)	AUM % Change
VO	Vanguard Mid-Cap ETF	1,166.24	80,256.78	1.45%
VXF	Vanguard Extended Market ETF	834.19	22,334.07	3.74%
VOO	Vanguard S&P 500 ETF	462.92	650,163.61	0.07%
VCIT	Vanguard Intermediate-Term Corporate Bond ETF	418.96	51,987.27	0.81%
CGGR	Capital Group Growth ETF	358.56	12,266.70	2.92%
TLT	iShares 20+ Year Treasury Bond ETF	324.16	47,634.68	0.68%
VIG	Vanguard Dividend Appreciation ETF	317.58	88,487.99	0.36%
VOE	Vanguard Mid-Cap Value ETF	317.05	17,746.93	1.79%
AVEM	Avantis Emerging Markets Equity ETF	315.28	9,674.08	3.26%
IJH	iShares Core S&P Mid-Cap ETF	280.65	93,024.84	0.30%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($, mm)	AUM ($, mm)	AUM % Change
GLD	SPDR Gold Shares	-441.33	95,181.14	-0.46%
SGOV	iShares 0-3 Month Treasury Bond ETF	-236.19	45,679.48	-0.52%
ARKK	ARK Innovation ETF	-207.29	5,766.64	-3.59%
JAAA	Janus Detroit Street Trust Janus Henderson AAA CLO ETF	-192.17	20,713.47	-0.93%
IWV	iShares Russell 3000 ETF	-183.93	15,148.90	-1.21%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	-169.15	20,662.26	-0.82%
SOXX	iShares Semiconductor ETF	-161.06	12,326.27	-1.31%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	-150.29	15,013.01	-1.00%
VCSH	Vanguard Short-Term Corporate Bond ETF	-141.14	34,761.82	-0.41%
VTEB	Vanguard Tax-Exempt Bond ETF	-127.14	35,471.60	-0.36%

ETF Daily Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
Alternatives	-0.75	9,867.16	-0.01%
Asset Allocation	12.32	24,387.99	0.05%
Commodities ETFs	-583.17	204,868.00	-0.28%
Currency	373.64	137,256.10	0.27%
International Equity	700.08	1,749,018.62	0.04%
International Fixed Income	-114.93	283,270.54	-0.04%
Inverse	24.09	14,548.79	0.17%
Leveraged	-90.91	130,212.37	-0.07%
US Equity	5,616.05	6,760,659.76	0.08%
US Fixed Income	625.01	1,642,472.28	0.04%
Total:	6,561.43	10,956,561.61	0.06%

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.