FYI: True to its name and roots dating back to 1975, Vanguard continues to be a vanguard in the mutual fund — and more recently — the exchange traded fund industries.
The mutual fund industry shrugged when John Bogle launched Vanguard 500 Index Fund (FVINX) in 1976. Now, 43 years later, the fund bristles with $459.3 billion in assets, and there is no shortage of fund providers offering similar products and cutting costs just to keep up with the Pennsylvania-based company.
As of Sept. 30, Vanguard managed $5.3 trillion in global assets for more than 20 million clients worldwide. And since rolling out its first exchange traded fund in 2001, it has grown to become the No. 2 ETF provider in the world. It now trails only BlackRock's iShares, after passing State Street in 2015.
Regards,
Ted
https://www.investors.com/etfs-and-funds/etfs/fund-etf-vanguard-current-trends-bitcoin/
