Near the start of December, a mystery over-the-counter trade pulled about $7 billion from Vanguard Group’s S&P 500 exchange-traded fund. It just got it all back and more.
The $194 billion Vanguard S&P 500 ETF (ticker VOO) added $8.7 billion on a single day this week, about two months after that record withdrawal. Similar to the 2020 mega outflow, VOO’s cash infusion came amid lower-than-average trading volumes and there were no noticeable large block trades, according to data compiled by Bloomberg.
