Vanguard only major ETF provider to have inflows in May in U.S.

New data from the ETF Industry Association in the U.S. shows the only major American ETF provider that experienced inflows last month was Vanguard.

Investors put $4.2 billion into ETFs in May, compared with just over $3 billion the previous month. March, however, had seen inflows of $13.2 billion. As the Financial Times reports, the drop is attributable to recurrent Eurozone fears and investors’ desire for safe assets.

Vanguard gained $6.7 billion, while State Street Global Advisors saw $1.8 billion in outflows. BlackRock iShares lost $642 million and Invesco PowerShares, $482 million.

“The sales activity reflected demand for broad bond exposure and inflation hedges,” says the Financial Times. “Vanguard’s Barclays Total Bond ETF was the hottest seller, pulling in $1.2 billion in new inflows, followed by the iShares Barclays 1-3 Year Treasury ETF, which added $1.1 billion.”

This year to date, the ETF industry in the U.S. has seen $63 billion in inflows, up from $49.7 billion in 2011 and $27.6 billion in 2010.

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