AdvisorShares Active ETF Market Share Update – Week Ending 6/10/2016
Assets in actively managed ETFs increased by $216 million, or 0.84%, to $25.690 billion. There were two new funds from Riverfront, which is part of ALPS, taking the overall count up to 145.
First Trust led the way with a $95 million net gain followed by $60 million at State Street. Declines were modest as AdvisorShares contracted by $13 million and WBI had a dip of $8 million.
Flows at the category level were more diverse with $61 million going to Global Bond. Alternative Income had a $42 million increase, Short Term Bond added $39 million and High Yield grew by $36 million. Tactical was the largest category decliner with a $6 million outflow.
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