A historic inflow streak into the world’s biggest exchange traded fund has come to a sudden end in June, with the S&P 500 benchmark fund losing billions even as Wall Street celebrated fresh record highs.
The Vanguard S&P 500 ETF (NYSE:VOO) saw $5.69 billion in outflows during the month, marking its first monthly net redemption since December 2022 and the second-largest outflow since the fund's launch in 2015.
