Vanguard had $6.2 billion in new money come into its ETFs in September, and led the market year-to-date through the end of the third quarter with $63.3 billion. Total ETF assets under management were $576.2 billion at the end of September.
ETF net flows
State Street’s Real Estate Select Sector SPDR fund was the top gainer in the month with $3.2 billion in net flows. The growth was more a function of SSgA spinning out the real estate assets from its financials group in response to the change in GICS classifications than of market sentiment toward the asset class.