Vanguard To Further Drive Down The Cost Of Investing By Broadening Commission-Free ETF Trades

Vanguard today announced substantial reductions in the cost of investing with the firm by providing commission-free online transactions for the vast majority of ETFs. Vanguard, which has offered commission-free transactions of Vanguard ETFs since 2010, is broadening access beyond the company’s 77 low-cost ETFs to nearly 1,800 offerings, including ETFs from BlackRock, Schwab, and SSgA. The program will exclude highly speculative and complex ETFs.

Vanguard expects commission-free online transactions to be available in August and will include the majority of ETFs traded on the major exchanges, which constitutes the largest suite of ETFs available to investors without commissions.