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Vanguard To Further Drive Down The Cost Of Investing By Broadening Commission-Free ETF Trades

TedTed
edited July 2018 in Fund Discussions
FYI: Vanguard today announced substantial reductions in the cost of investing with the firm by providing commission-free online transactions for the vast majority of ETFs. Vanguard, which has offered commission-free transactions of Vanguard ETFs since 2010, is broadening access beyond the company’s 77 low-cost ETFs to nearly 1,800 offerings, including ETFs from BlackRock, Schwab, and SSgA. The program will exclude highly speculative and complex ETFs.
Regards,
Ted
https://pressroom.vanguard.com/news/Press-Release-Vanguard-Lowers-Cost-Investing-Broadens-Commission-Free-ETFs-070218.html

MarketWatch Article:
https://www.marketwatch.com/story/vanguard-set-to-offer-rivals-funds-for-free-as-etf-fees-approach-zero-2018-07-02/print

Comments

  • This may be the biggest ETF news this summer.
  • I received notification via e-mail today. I'll look closer when time permits.
    Derf
  • Will likely will put pressure on other trading houses to do something similar.
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