BMO Capital Markets Corp.
BMO Capital Markets Corp. was an authorized participant (AP) for 1,482 US ETFs in Form N-CEN periods ending Sep 30, 2024 to Jun 30, 2026. It created $10.8bn and redeemed $4.9bn of their shares. It was active in 61 of them.
capitalmarkets.bmo.com, the firm’s website ↗| # | Ticker | Fund | Category | Created | Redeemed | Created and redeemed ↓ | Share of the fund’s AP dollars | Active APs in the fund | Period ending |
|---|---|---|---|---|---|---|---|---|---|
| 1 | IVV | iShares Core S&P 500 ETF | U.S. stocks | $2.8bn | $196m | $3.0bn | 0.4% | 25 | Mar 31, 2026 |
| 2 | SPY | SPDR S&P 500 ETF Trust | U.S. stocks | $652m | $1.2bn | $1.9bn | 0.1% | 26 | Dec 31, 2025 |
| 3 | TLT | iShares 20+ Year Treasury Bond ETF | Bonds | $525m | $1.1bn | $1.6bn | 1.5% | 12 | Feb 28, 2026 |
| 4 | SGOV | iShares 0-3 Month Treasury Bond ETF | Bonds | $1.3bn | $352m | $1.6bn | 2.4% | 8 | Feb 28, 2026 |
| 5 | VBIL | Vanguard 0-3 Month Treasury Bill ETF | Bonds | $975m | $13.2m | $988m | 17.4% | 5 | Dec 31, 2025 |
| 6 | BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | Bonds | $422m | $357m | $779m | 1.7% | 7 | Jun 30, 2026 |
| 7 | IEF | iShares 7-10 Year Treasury Bond ETF | Bonds | $532m | $239m | $771m | 1.8% | 9 | Feb 28, 2026 |
| 8 | SMH | VanEck Semiconductor ETF | Themes | $275m | $235m | $510m | 0.7% | 17 | Sep 30, 2025 |
| 9 | VTIP | Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | Bonds | $483m | $17.1m | $500m | 7.7% | 8 | Sep 30, 2025 |
| 10 | STIP | iShares 0-5 Year TIPS Bond ETF | Bonds | $433m | $0 | $433m | 5.6% | 7 | Oct 31, 2025 |
| 11 | BINC | iShares Flexible Income Active ETF | Bonds | $289m | $0 | $289m | 3.9% | 10 | Jul 31, 2025 |
| 12 | XLP | State Street Consumer Staples Select Sector SPDR ETF | Sector stocks | $132m | $127m | $259m | 0.6% | 23 | Sep 30, 2025 |
| 13 | SPYM | State Street SPDR Portfolio S&P 500 ETF | U.S. stocks | $227m | $0 | $227m | 0.2% | 18 | Jun 30, 2026 |
| 14 | SHV | iShares 0-1 Year Treasury Bond ETF | Bonds | $123m | $91.6m | $215m | 1.1% | 7 | Feb 28, 2026 |
| 15 | AMDL | GraniteShares 2x Long AMD Daily ETF | Leverage | $210m | $4.2m | $214m | 2.6% | 7 | Jun 30, 2026 |
| 16 | SRLN | State Street Blackstone Senior Loan ETF | Bonds | $4.1m | $188m | $192m | 3.1% | 15 | Jun 30, 2026 |
| 17 | XLI | State Street Industrial Select Sector SPDR ETF | Sector stocks | $15.1m | $174m | $189m | 0.4% | 23 | Sep 30, 2025 |
| 18 | VGUS | Vanguard Ultra-Short Treasury ETF | Bonds | $171m | $3.8m | $175m | 30.3% | 6 | Dec 31, 2025 |
| 19 | MINT | PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | Bonds | $148m | $0 | $148m | 3.3% | 6 | Jun 30, 2026 |
| 20 | VGSH | Vanguard Short-Term Treasury ETF | Bonds | $88.8m | $48.3m | $137m | 1.1% | 7 | Aug 31, 2025 |
| 21 | IYR | iShares U.S. Real Estate ETF | Sector stocks | $66.3m | $66.2m | $133m | 0.5% | 18 | Mar 31, 2026 |
| 22 | IWR | iShares Russell Mid-Cap ETF | U.S. stocks | $129m | $0 | $129m | 1.1% | 14 | Mar 31, 2026 |
| 23 | JAAA | Janus Henderson AAA CLO ETF | Bonds | $93.8m | $30.3m | $124m | 0.3% | 10 | Oct 31, 2025 |
| 24 | XLE | State Street Energy Select Sector SPDR ETF | Sector stocks | $54.5m | $44.0m | $98.6m | 0.2% | 21 | Sep 30, 2025 |
| 25 | TIP | iShares TIPS Bond ETF | Bonds | $64.7m | $21.6m | $86.3m | 0.5% | 8 | Oct 31, 2025 |
| 26 | XLF | State Street Financial Select Sector SPDR ETF | Sector stocks | $81.8m | $0 | $81.8m | 0.1% | 21 | Sep 30, 2025 |
| 27 | GOVT | iShares U.S. Treasury Bond ETF | Bonds | $68.0m | $11.4m | $79.4m | 0.5% | 8 | Oct 31, 2025 |
| 28 | BKLN | Invesco Senior Loan ETF | Bonds | $0 | $79.0m | $79.0m | 0.6% | 16 | Aug 31, 2025 |
| 29 | JMST | JPMorgan Ultra-Short Municipal Income ETF | Bonds | $66.2m | $0 | $66.2m | 1.5% | 8 | Feb 28, 2026 |
| 30 | SPAL | GraniteShares 2x Long SpaceX Daily ETF | Leverage | $59.0m | $0 | $59.0m | 33.9% | 7 | Jun 30, 2026 |
| 31 | CGMM | Capital Group U.S. Small and Mid Cap ETF | U.S. stocks | $29.0m | $28.9m | $57.9m | 1.7% | 14 | May 31, 2026 |
| 32 | XLC | State Street Communication Services Select Sector SPDR ETF | Sector stocks | $24.8m | $24.8m | $49.5m | 0.1% | 18 | Sep 30, 2025 |
| 33 | KRE | State Street SPDR S&P Regional Banking ETF | Sector stocks | $0 | $48.8m | $48.8m | 0.1% | 17 | Jun 30, 2026 |
| 34 | XLV | State Street Health Care Select Sector SPDR ETF | Sector stocks | $0 | $47.4m | $47.4m | 0.1% | 23 | Sep 30, 2025 |
| 35 | IBTG | iShares iBonds Dec 2026 Term Treasury ETF | Bonds | $45.6m | $0 | $45.6m | 3.8% | 8 | Oct 31, 2025 |
| 36 | NVDL | GraniteShares 2x Long NVDA Daily ETF | Leverage | $15.6m | $29.8m | $45.4m | 0.2% | 12 | Jun 30, 2026 |
| 37 | JBBB | Janus Henderson B-BBB CLO ETF | Bonds | $14.4m | $28.8m | $43.2m | 1.3% | 10 | Oct 31, 2025 |
| 38 | VGIT | Vanguard Intermediate-Term Treasury ETF | Bonds | $28.1m | $11.8m | $39.9m | 0.3% | 7 | Aug 31, 2025 |
| 39 | BSJQ | Invesco BulletShares 2026 High Yield Corporate Bond ETF | Bonds | $32.6m | $4.6m | $37.2m | 5.7% | 6 | Aug 31, 2025 |
| 40 | SOXX | iShares Semiconductor ETF | Themes | $0 | $32.3m | $32.3m | 0.0% | 18 | Mar 31, 2026 |
| 41 | VMBS | Vanguard Mortgage-Backed Securities ETF | Bonds | $27.5m | $0 | $27.5m | 0.3% | 8 | Aug 31, 2025 |
| 42 | CONL | GraniteShares 2x Long COIN Daily ETF | Leverage | $21.1m | $0 | $21.1m | 0.6% | 7 | Jun 30, 2026 |
| 43 | SHY | iShares 1-3 Year Treasury Bond ETF | Bonds | $16.6m | $0 | $16.6m | 0.1% | 9 | Feb 28, 2026 |
| 44 | JBND | JPMorgan Active Bond ETF | Bonds | $16.2m | $0 | $16.2m | 0.3% | 5 | Feb 28, 2026 |
| 45 | TFLO | iShares Treasury Floating Rate Bond ETF | Bonds | $0 | $15.2m | $15.2m | 0.3% | 7 | Oct 31, 2025 |
| 46 | BSJT | Invesco BulletShares 2029 High Yield Corporate Bond ETF | Bonds | $14.8m | $0 | $14.8m | 6.7% | 4 | Aug 31, 2025 |
| 47 | BSJS | Invesco BulletShares 2028 High Yield Corporate Bond ETF | Bonds | $13.1m | $0 | $13.1m | 6.7% | 4 | Aug 31, 2025 |
| 48 | BSJR | Invesco BulletShares 2027 High Yield Corporate Bond ETF | Bonds | $11.3m | $0 | $11.3m | 3.7% | 4 | Aug 31, 2025 |
| 49 | CLOA | iShares AAA CLO Active ETF | Bonds | $10.3m | $0 | $10.3m | 1.4% | 10 | Jul 31, 2025 |
| 50 | TLH | iShares 10-20 Year Treasury Bond ETF | Bonds | $10.3m | $0 | $10.3m | 0.1% | 6 | Feb 28, 2026 |
| 51 | IBTH | iShares iBonds Dec 2027 Term Treasury ETF | Bonds | $10.1m | $0 | $10.1m | 1.0% | 7 | Oct 31, 2025 |
| 52 | BND | Vanguard Total Bond Market ETF | Bonds | $7.3m | $0 | $7.3m | 0.0% | 5 | Dec 31, 2025 |
| 53 | VGLT | Vanguard Long-Term Treasury ETF | Bonds | $0 | $6.1m | $6.1m | 0.1% | 8 | Aug 31, 2025 |
| 54 | CGGG | Capital Group U.S. Large Growth ETF | U.S. stocks | $2.9m | $2.9m | $5.7m | 5.5% | 10 | May 31, 2026 |
| 55 | BILS | State Street SPDR Bloomberg 3-12 Month T-Bill ETF | Bonds | $0 | $5.0m | $5.0m | 0.3% | 6 | Jun 30, 2026 |
| 56 | EDV | Vanguard Extended Duration Treasury ETF | Bonds | $3.4m | $0 | $3.4m | 0.1% | 7 | Aug 31, 2025 |
| 57 | BSCS | Invesco BulletShares 2028 Corporate Bond ETF | Bonds | $3.1m | $0 | $3.1m | 0.3% | 8 | Aug 31, 2025 |
| 58 | JMUB | JPMorgan Municipal ETF | Bonds | $2.5m | $0 | $2.5m | 0.1% | 8 | Feb 28, 2026 |
| 59 | ANGL | VanEck Fallen Angel High Yield Bond ETF | Bonds | $1.5m | $0 | $1.5m | 0.1% | 6 | Apr 30, 2026 |
| 60 | IBTJ | iShares iBonds Dec 2029 Term Treasury ETF | Bonds | $1.1m | $0 | $1.1m | 0.2% | 8 | Oct 31, 2025 |
| 61 | PTIR | GraniteShares 2x Long PLTR Daily ETF | Leverage | $0 | $264k | $264k | 0.0% | 7 | Jun 30, 2026 |
BMO Capital Markets by category
The ETFs BMO Capital Markets Corp. serves, by the category each is placed in, with what it created and redeemed in each.
| # | Category | Share of its dollars | ETFs served | Active in | Created | Redeemed | Only active AP in |
|---|---|---|---|---|---|---|---|
| 1 | U.S. stocks | 33.5% | 354 | 6 | $3.8bn | $1.4bn | 0 |
| 2 | International stocks | 0.0% | 271 | 0 | $0 | $0 | 0 |
| 3 | Sector stocks | 5.8% | 135 | 8 | $374m | $532m | 0 |
| 4 | Bonds | 55.1% | 404 | 40 | $6.0bn | $2.6bn | 0 |
| 5 | Commodities | 0.0% | 10 | 0 | $0 | $0 | 0 |
| 6 | Allocation | 0.0% | 18 | 0 | $0 | $0 | 0 |
| 7 | Buffer | 0.0% | 103 | 0 | $0 | $0 | 0 |
| 8 | Income | 0.0% | 47 | 0 | $0 | $0 | 0 |
| 9 | Themes | 3.5% | 117 | 2 | $275m | $267m | 0 |
| 10 | Leverage | 2.2% | 5 | 5 | $305m | $34.3m | 0 |
| 11 | Crypto | 0.0% | 1 | 0 | $0 | $0 | 0 |
| 12 | Alternatives | 0.0% | 17 | 0 | $0 | $0 | 0 |
Questions people ask
Is BMO Capital Markets an ETF authorized participant (AP)?
Which ETFs does BMO Capital Markets create and redeem the most?
How much of an ETF’s AP activity does BMO Capital Markets handle?
Where do these figures come from?
Method
BMO Capital Markets Corp. is identified by CRD 16686, SEC file number 8-34344, LEI RUC0QBLBRPRCU4W1NE59. It is on the SEC’s list of active broker-dealers dated Oct 1, 2026 as BMO CAPITAL MARKETS CORP.. Funds filed its name 4 ways; every spelling is in dealers.json. Every row is one authorized participant (AP) listed in item E.2 of an ETF’s latest Form N-CEN, with the dollars of the fund’s shares it purchased from the fund (created) and redeemed in the fund’s reporting period, as filed. A fund’s period is its own fiscal year, or less where the filing says so, so a firm’s total adds periods that end on different days. Rows are grouped into firms by the identifiers each row carries: the CRD number first, the SEC file number and LEI where the CRD is missing or typed wrong, never by name. 71 of 75,056 rows carry a CRD their file number and LEI place on another firm, and are counted there.
The rest of the method
A firm’s name is its registration on the SEC’s list of active broker-dealers where it is on it. Spot crypto and commodity trusts and ETNs file no N-CEN and are not here.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A list of firms is not a rating or a recommendation.
Questions people ask
Is BMO Capital Markets an ETF authorized participant (AP)?
Yes. BMO Capital Markets Corp. is listed as an AP for 1,482 US ETFs in Form N-CEN periods ending Sep 30, 2024 to Jun 30, 2026, and created or redeemed shares in 61 of them.
Which ETFs does BMO Capital Markets create and redeem the most?
By dollars created and redeemed: IVV, $3.0bn; SPY, $1.9bn; TLT, $1.6bn; SGOV, $1.6bn; VBIL, $988m.
How much of an ETF’s AP activity does BMO Capital Markets handle?
Across the 61 funds it was active in, its share of each fund’s AP dollars ran from 0.0% to 33.9%. It was the only active AP in 0 ETFs.
Where do these figures come from?
From item E.2 of each ETF’s latest Form N-CEN, which names its APs and the dollars each created and redeemed. ETFIQ groups the rows by BMO Capital Markets’s CRD, SEC file number and LEI, never by the name as typed.
Cite this pageCitation, APA and Markdown
ETFIQ, BMO Capital Markets Corp. as an ETF authorized participant, data as of Sep 23, 2026. https://etfiq.com/trading/authorized-participants/bmo-capital-markets/
ETFIQ. (Sep 23, 2026). BMO Capital Markets Corp. as an ETF authorized participant. Retrieved from https://etfiq.com/trading/authorized-participants/bmo-capital-markets/
[BMO Capital Markets Corp. as an ETF authorized participant (ETFIQ, Sep 23, 2026)](https://etfiq.com/trading/authorized-participants/bmo-capital-markets/)
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