FYI: (This is a follow-up article.)
Vanguard Group has once again upped its game in the ongoing war on fees. The fund giant recently announced that it will offer commission-free nearly 1,800 ETFs on its brokerage platform, including those from rival firms BlackRock (BLK), Schwab (SCHW) and State Street (STT).
What this means for investors is that they will not be paying any trading commissions on nearly the whole ETF universe, which is around 2,000 funds. The only exceptions are inverse and levered ETFs, which require more hands-on expertise and can be used for speculative purposes.
Regards,
Ted
https://www.investors.com/etfs-and-funds/etfs/no-fee-etf-vanguard-price-war/
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TD Ameritrade Latest Brokerage Refusing To Lead In Cutting ETF Commissions
http://srt.morningstar.com/newsp/cmsAcontent.html?t=LMVTX&resourceId=570104&src=Morningstar&date=10-11-2012