Vanguard Trumps BlackRock, State Street To Record Highest ETF Inflows In Q1

Investors showed a shift in their preference for exchange-traded fund providers over the first quarter, as Vanguard topped BlackRock and State Street in terms of inflows for its ETF offerings. Data compiled by Bloomberg estimates that U.S. ETFs added about $15 billion in net new money over the first three months of the year, with Vanguard bringing in $13.1 billion. BlackRock’s net inflows for the period were $4.5 billion while State Street saw investors pull out $18.3 billion from its U.S. ET...