In this week’s edition of the ETF Issuer League, WisdomTree Investments crossed a new ETF AUM threshold. The firm hit $60 billion in ETF AUM in total within the last week. Dimensional Fund Advisors (DFA), meanwhile, is rapidly approaching $100 billion in total ETF AUM. Finally, lower down the ETF AUM tier, BondBloxx Investment Management added $203 million in weekly inflows, nearing $2 billion in ETF AUM.
WisdomTree Takes a Big Step
WisdomTree Investments reached its new milestone largely thanks to its WisdomTree U.S. Quality Dividend Growth Fund (DGRW ). DGRW has added more than $50 million over one week, with its AUM rising $90 million in that time. DGRW tracks large- and mid-cap dividend-paying U.S. stocks that offer the potential for dividend growth. The strategy has returned 13.5% YTD, charging 28 basis points (bps).
WisdomTree’s new total ETF AUM lifts it into a larger tier of firms including the likes of ProShares, VanEck, and DFA. ProShares itself deserves mention given that it is rapidly approaching $70 billion in ETF AUM.
For DFA, the weekly edition of the issuer league sees them just over $1 billion away from $100 billion in total ETF AUM. The shop added nearly $500 million for the week, one of the highest weekly totals across all issuers. The Dimensional U.S. Targeted Value ETF (DFAT ) led the way in flows for the firm in that time, adding $112 million in that time. DFAT has returned 11.8% YTD and 15.7% over the last three months, actively investing in smid-cap value stocks.
Finally, BondBloxx Investment Management deserves a mention. Sitting under $2 billion in ETF AUM, its roster saw significant weekly inflows for its size. Its BondBloxx Bloomberg One Year Target Duration U.S. Treasury ETF (XONE ) overwhelmingly led in weekly flows, adding $195.8 million. That dwarfs the next-largest inflows, $3.5 million for the BondBloxx Bloomberg Six Month Target Duration U.S. Treasury ETF (XHLF ).
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