TLT Attracts $637M as Trade Tensions Calm Down

The iShares 20+ Year Treasury Bond ETF (TLT) pulled in $636.9 million Friday, increasing its total assets under management to $48.7 billion, according to data provided by FactSet. The bond ETF’s inflows came as U.S. markets posted their fifth consecutive winning session, with the S&P 500 surging 5.3% for the week amid easing U.S.-China trade tensions.

The Vanguard S&P 500 ETF (VOO) led all ETFs with inflows of $1.6 billion to its $654.6 billion asset base. The Invesco QQQ Trust (QQQ) attracted $986.6 million as the Nasdaq-100 jumped 6.8% for the week, while the First Trust Dow Jones Internet Index Fund (FDN) pulled in $528.7 million amid strong performance from technology stocks.

The SPDR S&P 500 ETF Trust (SPY) experienced the largest outflows at $2.4 billion despite the S&P 500 climbing 0.7% on Friday. The SPDR Gold Shares (GLD) saw $911.8 million in redemptions, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) lost $529.3 million as the Dow gained 332 points.

U.S. fixed-income ETFs led all asset classes with $2.5 billion in inflows, while U.S. equity ETFs collected $2.3 billion. Commodity ETFs saw outflows of $1.1 billion, and international equity ETFs lost $504 million. Overall, ETFs attracted $3.3 billion in new assets.

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.