BlackRock’s iShares Purchases Outweigh Vanguard for Federal Reserve’s Secondary Market Corporate Credit Facility

Posted on 06/29/2020


For Bond ETFs, BlackRock’s iShares is edging out Vanguard for the most popular ETFs being purchased by the Federal Reserve Bank of New York (FRBNY) for the SMCCF.

Federal Reserve – Secondary Market Corporate Credit Facility

Ticker Fund Name Shares Purchased 1 Market Value as of June 18, 2020 in USD
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF 996,639 28,862,665.44
HYG iShares iBoxx High Yield Corporate Bond ETF 2,955,540 245,782,706.40
HYLB Xtrackers US Dollar High Yield Corporate Bond ETF 1,181,933 56,224,552.81
IGIB iShares Intermediate-Term Corporate Bond ETF 6,606,823 397,995,017.52
IGSB iShares Short-Term Corporate Bond ETF 11,127,904 607,806,116.48
JNK SPDR Bloomberg Barclays High Yield Bond ETF 3,991,415 411,874,113.85
LQD iShares iBoxx US Dollar Investment Grade Corporate Bond ETF 13,316,690 1,782,971,624.10
SHYG iShares 0-5 Year High Yield Corporate Bond ETF 538,061 23,341,086.18
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 813,060 20,741,160.60
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF 841,975 43,799,539.50
SPIB SPDR Portfolio Intermediate Term Corporate Bond ETF 11,104,934 404,663,794.96
SPSB SPDR Portfolio Short Term Corporate Bond ETF 7,577,680 237,257,160.80
USHY iShares Broad US Dollar High Yield Corporate Bond ETF 1,262,477 49,015,669.58
USIG iShares Broad US Dollar Investment Grade Corporate Bond ETF 2,502,168 150,392,807.76
VCIT Vanguard Intermediate-Term Corporate Bond ETF 10,895,898 1,037,071,571.64
VCSH Vanguard Short-Term Corporate Bond ETF 15,857,256 1,307,906,474.88

1. Includes all ETFs purchased from May 12 through June 16, 2020.

Keywords: Federal Reserve System, Vanguard Group.