ETF Data Daily: $128.8 Million Into BND, LQD

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Investors added $128.8 million in assets to two of the biggest U.S.-based bond ETFs yesterday, helped by the Fed's announcement that it would begin buying longer-date Treasurys to help keep rates low and stimulate a flagging economic recovery, according to data compiled by IndexUniverse.com.

The Vanguard Total Bond Market ETF (NYSEArca:BND) was third among creations, with $73.7 million in inflows, while iShares' iBoxx $ Investment Grade Corporate Bond (NYSEArca:LQD) was fifth, with $55.1 million in new assets.

The top two ETFs on the creations list were the Industrial Select Sector SPDR (NYSEArca:XLI) and the SPDR S&P Retail ETF (NYSEArca:XRT), with $115.5 million and $87.8 million in inflows, respectively. The XRT inflows marked the second day in a row that the retail fund has gathered assets, reversing a slide that has cut its assets as much as three-quarters in the past two months.


Redemptions

On the flip side, investors pulled assets out of ETFs targeting the shorter end of the Treasurys yield curve, signaling that some might follow the Fed and begin to seek fixed-income exposure in longer-dated bonds that yield more than short-dated paper.

The iShares Barclays 1-3 Year Treasury Bond (NYSEArca:SHY) was fifth on the IndexUniverse.com redemptions list at $58.9 million. The iShares Barclays Short Treasury Bond ETF (NYSEArca:SHV) and SPDR Barclays Capital 1-3 Month T-Bill ETF (NYSEArca:BIL) were eighth and ninth, with outflows of $44.1 million and $41.3 million, respectively.

At the top of the redemptions list were two of the most heavily traded U.S. ETFs, the SPDR S&P 500 ETF (NYSEArca:SPY) and the small-cap iShares Russell 2000 ETF (NYSEArca:IWM). SPY and IWM had outflows of $640.4 million and $261.8 million, respectively.

SPY's redemptions were one of the main reasons net outflows totaled $681.2 million yesterday. Total assets in the more than 1,000 ETFs now listed in the U.S. fell to $850.15 billion.

The Dow Jones industrial average fell 54.50, or 0.5 percent, to 10,644.25, as investors shed stocks in favor of the relative safety of the U.S. Treasurys market.

The Fed said it would use "runoff" from its current holdings of mortgage-backed securities-principal and coupon payments-to buy longer-dated Treasuries to help keep rates low.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
XLI Industrial Select Sector SPDR 115.49 3,773.57 3%
XRT SPDR S&P Retail 87.76 442.60 25%
BND Vanguard Total Bond Market 73.72 8,559.59 1%
UNG United States Natural Gas 61.44 2,525.74 2%
LQD iBoxx $ Investment Grade Corporate Bond 55.12 14,000.07 0%
EWH iShares MSCI Hong Kong 52.90 1,941.15 3%
FXE CurrencyShares Euro 52.17 521.71 11%
VXX iPath S&P 500 VIX Short-Term Futures ETN 42.48 1,655.78 3%
EWG iShares MSCI Germany 38.21 1,617.48 2%
XLU Utilities Select Sector SPDR 34.39 4,013.56 1%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 -640.41 74,336.34 -1%
IWM iShares Russell 2000 -261.84 13,677.11 -2%
XLK Technology Select Sector SPDR -166.54 4,061.52 -4%
IJR iShares S&P SmallCap 600 -145.55 5,636.42 -3%
SHY iShares Barclays 1-3 Year Treasury Bond -58.94 8,631.18 -1%
VNQ Vanguard REIT -51.57 5,746.38 -1%
EWJ iShares MSCI Japan -47.10 4,439.22 -1%
SHV iShares Barclays Short Treasury Bond -44.08 3,923.32 -1%
BIL SPDR Barclays Capital 1-3 Month T-Bill -41.27 1,082.09 -4%
IYT iShares Dow Jones Transportation Average -40.24 559.31 -7%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity -991.13 367,590.04 -0.27%
International Equity 66.18 225,027.94 0.03%
U.S. Fixed Income 18.97 122,690.56 0.02%
International Fixed Income 38.81 5,102.89 0.76%
Commodity 52.27 79,233.96 0.07%
Currency 64.24 5,208.22 1.23%
Inverse 1.57 20,483.16 0.01%
Leveraged -6.70 11,389.52 -0.06%
Blend - 788.36 0.00%
Alternatives 74.63 12,635.58 0.59%
Total: -681.15 850,150.21 -0.08%


Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)
1-Day Volume % of Average
RYT Rydex S&P Equal Weight Technology 40,069 692,741 1729%
BZF WisdomTree Dreyfus Brazilian Real 129,263 781,621 605%
VDE Vanguard Energy 106,164 616,489 581%
UCI UBS E-TRACS CMCI Total Return ETN 5,323 26,701 502%
IGM iShares S&P North American Technology Sector 78,939 341,427 433%
VCSH Vanguard Short-Term Corporate Bond 93,361 376,032 403%
EWN iShares MSCI Netherlands Investable Market 148,466 570,540 384%
DRW WisdomTree International Real Estate 25,723 88,722 345%
JKK iShares Morningstar Small Growth 13,541 44,914 332%
PGF PowerShares Financial Preferred Portfolio 489,412 1,475,002 301%


Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and >1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
SGG iPath Dow Jones-UBS Sugar Subindex Total Return ETN 5.50% 57,905 68.01
IIH Internet Infrastructure HOLDRS 3.01% 30,400 11.62
FDD First Trust Dow Jones STOXX European Select Dividend 2.72% 18,995 6.76
KROO IndexIQ IQ Australia Small Cap 2.15% 2,332 8.15
RWG Grail RP Focused Large Cap Growth 2.15% 4,210 6.82
JJS iPath Dow Jones-UBS Softs Subindex Total Return ETN 2.12% 2,100 14.16
XLUS PowerShares S&P SmallCap Utilities 2.11% 3,085 1.30
BDH Broadband HOLDRS 2.08% 5,000 16.09
OTR Claymore/Ocean Tomo Growth 1.81% 1,100 4.94
BAL iPath Dow Jones-UBS Cotton Subindex Total Return ETN 1.32% 5,770 11.84
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and >1,000 Shares Traded
Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GSW GlobalShares FTSE All World -7.80% 12,700 3.79
JJT iPath Dow Jones-UBS Tin Subindex Total Return ETN -4.34% 7,930 10.87
WMH Wireless HOLDRS -3.52% 1,400 13.22
XHB SPDR S&P Homebuilders -2.92% 5,430,779 699.75
NIB iPath Dow Jones-UBS Cocoa Subindex Total Return ETN -2.92% 5,268 10.57
PSI PowerShares Dynamic Semiconductors Portfolio -2.82% 28,019 26.14
TAN Claymore/MAC Global Solar Energy -2.81% 341,455 171.90
ITB iShares Dow Jones U.S. Home Construction -2.61% 252,454 253.18
XLKS PowerShares S&P SmallCap Information Technology -2.50% 2,930 2.34
KWT Market Vectors Solar Energy -2.49% 3,080 25.64

Disclaimer:All data as of 6 a.m. Eastern following the day noted in the headline. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.

Don't forget to check IndexUniverse.com's ETF Data section.

Copyright ® 2010 Index Publications LLC . All Rights Reserved.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , ETFs


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