Vanguard makes history with first $1 trillion equity fund
Vanguard Total Stock Market Index Fund includes both a mutual fund and an ETF
December 16, 2020
A Vanguard Group equity fund has become the first of its kind to eclipse $1 trillion of assets, a testament to the rise of index-based investing over the past three decades.
Vanguard Total Stock Market Index Fund, which includes both a mutual fund and an exchange-traded fund, had $1.04 trillion of assets as of Nov. 30, company data show.
“Given that Vanguard birthed index investing, it seems only fitting that one of their flagship funds would be the first to reach this historic mark,” said Nate Geraci, president of the ETF Store, an investment advisory firm.
Vanguard Makes History With the First $1 Trillion Equity Fund
newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.
El fondo de inversión de Vanguard alcanza el récord del billón de dólares
elexpresso.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elexpresso.com Daily Mail and Mail on Sunday newspapers.