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Rating:Vanguard Says its ETF Assets are Up 95 Percent Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, November 23, 2009

Vanguard Says its ETF Assets are Up 95 Percent

Reported by Adam Kommel

Vanguard says assets in its ETFs are up nearly 95 percent this year, to $78 billion. This year through end-October, the Valley Forge, Pennsylvania-based firm saw ETF net cash flow of $21 billion, according to Bloomberg data.

Vanguard mentioned the numbers as part of a press release it issued Monday morning on the launch of seven bond index funds with ETF shares sporting expense ratios of 15 bps. The funds are also available in Signal Shares (15 bps) and Institutional Shares (9 bps).

The new offerings are the first Vanguard ETFs to trade on the NASDAQ. Vanguard has 39 other ETFs, all of which trade on NYSE Arca.

The MFWire reported on plans for the ETFs earlier this month

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