Overall, ultra-short bond funds saw $5.5 billion in June inflows.

“Among top U.S. fund families, Vanguard led the way with $7.4 billion in inflows; however, it’s growth continues to slow. June inflows were the firm’s smallest since 2013 with active funds seeing outflows of $4.5 billion while its passive strategies had inflows of $11.9 billion,” according to Morningstar.

Year-to-date, seven of the top 10 asset-gathering ETFs are iShares products and the other three are Vanguard funds.

For more news and strategy, visit our current affairs category.

Tom Lydon’s clients own shares of VWO and EFA.

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