ETF
Vanguard launched two low-cost exchange-traded funds on the American Stock Exchange Thursday that track mid-cap stock indices.
The Vanguard Mid-Cap Value ETF(VOE) tracks the Morgan Stanley Capital International U.S. Mid-Cap Value Index. The Vanguard Mid-Cap Growth ETF(VOT) tracks the MSCI US Mid-Cap Growth Index. Both indices are subsets of the MSCI U.S. Mid-Cap 450 Index. The two new funds have projected expense ratios of 0.13% each, which is well below the average of 0.34% for their respective peer groups and about half the cost of many competitors. Goldman Sachs(GS) is the specialist for the funds.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,435.57 | 1,318.31 | 2,830.09 | 15.81 |
Oil *
101.98
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15.71 |
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4.99 |
DOWN
7.27 |
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0.44 |
10 Yr
1.58%
SPDR Gold
151.83
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+0.13%
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+0.38%
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-0.26%
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-2.71%
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