FYI: s the stock market tanked this week, we saw a pickup in the flight to fixed income, a microcosm of the same mass migration that has happened throughout 2019.
One of the biggest beneficiaries of this asset shift is the $19 billion iShares MBS ETF (MBB), which has consistently been among our top flows-gathering ETFs week after week. This week was no exception: The mortgage-backed security (MBS) ETF brought in $540 million in new net inflows, the eighth highest of any ETF on the market.
Year to date, MBB has brought in $5.8 billion in new net investment assets.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-solid-yield-lighter-riskM* Snapshot MBB:
https://www.morningstar.com/etfs/xnas/mbb/quote