Investors pulled about $4 billion from exchange traded funds and notes last month due to uncertainty surrounding the future of QE programs and volatility in the markets, said Deborah Fuhr, managing partner at ETFGI.
Vanguard was the only one of the top five ETF providers to log net inflows in June, according to ETFGI.
However, when mutual fund flows are included, Vanguard as a firm saw its first monthly redemptions in nearly two decades, Bloomberg News reports. Vanguard experienced net withdrawals of $100 million in June.
“All streaks must come to an end,” said Vanguard spokesman John Woerth wrote in the report. Vanguard gathered $76.8 billion in investor deposits in the first half of 2013.
Asset managers saw heavy outflows at bond funds last month on rising interest rates and fears the Federal Reserve may pull back on quantitative easing.