AdvisorShares Active ETF Market Share Update – Week Ending 4/22/2016
Assets in actively managed ETFs dipped by $22 million, just shy of 10 basis points, to $24.958 billion. There were no new funds last week which leaves the count at 143.
Not surprisingly all the numbers were small. Looking at fund sponsors, First Trust led the way to the upside with net growth of $64 million, followed by $14 million to State Street. As for decliners, PIMCO dropped $45 million and $30 million exited from ALPS.
Broken out by category, Alternative Income added $45 million and $30 million went to High Yield. Short Term Bond contracted by $60 million and Global bond shed $44 million.
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