MBB Leads With $1.2B Gain as Markets React to UK Trade Deal

The iShares MBS ETF (MBB) pulled in $1.2 billion on Thursday, increasing its assets under management to $38.2 billion, according to data provided by FactSet. This inflow came as stocks rose Thursday, with the Dow climbing 254 points following President Donald Trump’s announcement of a trade deal framework with the United Kingdom.

The Vanguard S&P 500 ETF (VOO) attracted $436 million even as other large equity funds saw outflows. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) added $268 million, while the SPDR S&P Biotech ETF (XBI) gained $254 million as investors showed interest in the healthcare sector.

On the outflow side, the SPDR S&P 500 ETF Trust (SPY) saw redemptions of $1.8 billion despite the S&P 500 rising 0.6% on positive trade developments. The iShares Core S&P 500 ETF (IVV) experienced outflows of $1.4 billion, while the Invesco QQQ Trust (QQQ) lost $798 million even as the Nasdaq-100 gained 1%.

U.S. fixed income led asset classes with inflows of $2.9 billion, while U.S. equity funds experienced outflows of $3.2 billion. Overall, ETFs gained $1.4 billion in net inflows as markets responded to the first major trade agreement since the implementation of global tariffs earlier this year.

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.