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Vanguard Drops The Hammer In ETF Fee War With 21 Price Cuts

TedTed
edited April 2019 in The Bullpen
FYI: On April 26, Vanguard said it's lowering fees on 21 of its ETFs, including its two largest funds, the Vanguard S&P 500 ETF VOO, +0.46% and the Vanguard Total Stock Market ETF VTI, +0.54%

VTI and VOO are the third- and fourth-largest U.S.-listed ETFs, respectively, and are two of the four ETFs with more than $100 billion in assets under management. The $114.79 billion VTI is now charging 0.03 percent year, or $3 on a $10,000 investment, down from 0.04 percent. The $112.94 billion VOO also saw its annual fee reduced to 0.03 percent from 0.04 percent.

Including VOO and VTI, Vanguard announced lower fees on eight domestic ETFs. The following ETFs saw their fees reduced to 0.04 percent from 0.05 percent: The Vanguard Growth ETF VUG, +0.45% the Vanguard Value ETF VTV, +0.50% the Vanguard Large-Cap ETF VV, +0.48% and the Vanguard Mid-Cap ETF VO, +0.67%
Regards,
Ted
https://www.marketwatch.com/story/vanguard-drops-the-hammer-in-etf-fee-war-with-21-price-cuts-2019-04-28-946375/print

Vanguard Website:
https://investornews.vanguard/lower-expense-ratios-on-21-vanguard-etfs-means-more-savings-for-you/
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