Much like two weeks ago, last week was quiet with no new funds. Assets in actively managed ETFs declined by $559 million or 3.14% to $17.217 billion.

The biggest story continues to be the outflows from First Trust and the Short Term Bond category; these are both the same story. First Trust had outflows of $625 million and Short Term Bonds saw $535 million head for the exit.

The only other number to move the needle was a $63 million inflow to PIMCO.

Number of Active ETFs by Sponsor

Number of Active ETFs by Strategy

There are risks involved with investing in ETFs including possible loss of money. Shares are actively managed and are subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply.

Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000 shares.