Vanguard Group managed exchange-traded funds (ETFs) received $7 billion in investments from investors, Reuters reports. State Street managed ETFs saw $4.3 billion being pulled out, while investors pulled $2.2 billion from funds of Invesco’s PowerShares unit. Investors also pulled out around $500 million from BlackRock’s iShares division last month. The figures do not include exchange-traded trusts, such as State Street’s SPDR Gold Trust and the iShares Silver Trust.
Click here for the story from Reuters.