Total estimated inflows to long-term mutual funds were $4.83 billion for the week ended Wednesday, April 10, according to the Investment Company Institute.
Equity funds experienced estimated inflows of $1.63 billion for the week, compared to estimated inflows of $1.25 billion in the previous week.
Domestic equity funds only picked up $405 billion. But, in the prior week, investors pulled $1.8 billion out of such funds.
Domestic stock funds have been gaining ground this year, after years of pullback by mainstream investors and interest in exchange-traded funds that invest in stocks and trade like stocks.
Hybrid funds had estimated inflows of $1.36 billion for the week, compared to estimated inflows of $1.15 billion in the previous week.
And bond funds took in an estimated $1.85 billion, compared to estimated inflows of $6.43 billion during the previous week.
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