Vanguard To Launch Its Maiden Muni-Bond ETF
Vanguard Group is set to offer its maiden passive muni-bond exchange-traded fund focused on the $3.6 trillion U.S. municipal-bond market.
The low-cost provider’s proposed ETF once again pits it against more established rivals’ funds.
Vanguard muni-bond ETF opens new ETF-fee war
In its regulatory filing with the U.S. Securities and Exchange Commission Tuesday, Pennsylvania-based Vanguard disclosed it is looking to add a passively managed broad-based municipal bond fund to its portfolio. The Vanguard Tax-Exempt Bond Index . . .
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