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ETF Winners And Losers: Medium-Cap Fund Flows - IShares' TFLO Adds Over $3 Billion, TLH Loses $624.5 Million

Benzinga ·  Jul 24, 2023 16:06

We performed a screening of medium-cap ETFs - defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered.
Winners
iShares Treasury Floating Rate Bond ETF (NYSE:TFLO)
TFLO added $2.13 billion in net assets over the trailing week.
The iShares Treasury Floating Rate Bond ETF offers exposure to U.S. floating rate Treasury bonds, whose interest payments adjust to reflect changes in interest rates.
TFLO has $8.39 billion in AUM and an expense ratio of 0.15%.
TFLO has added $4.02 billion in net assets YTD.
Vanguard Long-Term Treasury ETF (NYSE:VGLT)
VGLT added $861.59 million in net assets over the trailing week.
The Vanguard Long-Term Treasury ETF offers exposure to long term government bonds, focusing on Treasuries that mature in ten years or more.
VGLT has $7.25 billion in AUM and an expense ratio of 0.04%.
VGLT has added $3.20 billion in net assets YTD.
Losers
iShares 10-20 Year Treasury Bond ETF (NYSE:TLH)
TLH lost $624.5 million in net assets over the trailing week.
The iShares 10-20 Year Treasury Bond ETF provides exposure to the longer end of the maturity spectrum, specifically between 10 and 20 years.
TLH has $7.94 billion in AUM and an expense ratio of 0.15%.
TLH has added $1.87 billion in net assets YTD.

iShares Semiconductor ETF (NASDAQ:SOXX)
SOXX lost $233.30 million in net assets over the trailing week.
iShares Semiconductor ETF provides exposure to US companies that design, manufacture, and distribute semiconductors. Semiconductors are a critical component of modern technology, from cell phones to supercomputers. In recent months, much has been made of specific semiconductor technologies that underpin the progress of AI development.
SOXX has $8.90 billion in AUM and an expense ratio of 0.35%. The fund has holdings in 31 companies, with the 10 largest comprising 57.82% of the fund.
The fundâ€s largest holdings are NVIDIA Corporation (NASDAQ:NVDA) and Broadcom Inc. (NASDAQ:AVGO) making up 8.71% and 8.25% of the fund, respectively.
SOXX has lost $9.10 million in net assets YTD.
Featured photo by Dmitry Demidko on Unsplash

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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