VOO Gains $2.2B as Markets Navigate Volatile Session

The Vanguard S&P 500 ETF (VOO) pulled in $2.2 billion Wednesday, growing to $607.5 billion, according to etf.com daily fund flows data. The inflows came as markets whipsawed through a volatile session after data showed the U.S. economy contracted 0.3% in the first quarter, though the S&P 500 ultimately closed up 0.2%.

The SPDR S&P 500 ETF Trust (SPY) attracted $471.2 million despite the economic concerns, while the SPDR Bloomberg High Yield Bond ETF (JNK) gained $379.2 million, expanding its assets by 6%. The Financial Select Sector SPDR Fund (XLF) collected $326.1 million.

The iShares Core S&P 500 ETF (IVV) experienced the largest outflows at $556.9 million during the rocky trading session. The iShares Short Treasury Bond ETF (SHV) saw $537.8 million exit, while the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) lost $518.2 million.

U.S. equity ETFs gained $2.3 billion despite the negative GDP report. Fixed-income ETFs added $381.7 million while commodity ETFs lost $117.5 million. Overall, ETFs experienced net inflows of $4.4 billion as the market closed out a turbulent April that saw the S&P 500 finish with a 0.8% monthly loss.

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.