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VANGUARD TO MOVE 34 VANGUARD ETFs TO NYSE
ARCA
VALLEY FORGE, PA, July 8,
2008—Vanguard announced today that it will transfer 34 Vanguard ETFs™ to the
NYSE Arca listing and trading platform. The move of the Vanguard ETFs, which
have been listed on the American Stock Exchange (Amex) since their inception, is
a result of, and is contingent upon, the merger of Amex and NYSE EuroNext, the
holding company for NYSE Arca. The ETFs will begin trading on NYSE Arca after
the merger between the two exchanges has been given final approval by the SEC.
The other four of Vanguard’s 38 ETFs –
Vanguard® Mega Cap 300 ETF, Vanguard Mega Cap 300 Growth ETF, Vanguard Mega
Cap 300 Value ETF and Vanguard Total World Stock ETF – currently trade on NYSE
Arca.
"We're looking forward to listing all
Vanguard ETFs on the Arca exchange, which continues to make significant strides
in picking up ETF trading market share,” said Gus Sauter, Vanguard's chief
investment officer. “Arca has a robust electronic platform with an innovative
market-making function and a strong commitment to the development of its ETF
business."
Vanguard is a leader in the ETF
marketplace, offering 38 stock and bond ETFs. Vanguard’s ETF assets grew 62%
over the past year ended May 2008, to nearly $51 billion in total assets. The
average expense ratio of Vanguard ETFs is 0.16%, which is one-third the industry
average expense ratio of 0.48% (according to December 31, 2007, figures from
Lipper Inc.). Vanguard ranks among the top ETF providers in cash flow, with
year-to-date cash flow through June of more than $10 billion (source for
industry data: Amex and Bloomberg).
The
Vanguard ETFs moving to NYSE Arca are listed in the following table.
| Vanguard ETF
| Ticker symbol
| Number of holdings (as of
5/31/08)
| Expense ratio
|
| Total Bond Market
| BND
| 3,344
| 0.11%
|
| Short-Term Bond
| BSV
| 912
| 0.11
|
| Intermediate-Term Bond
| BIV
| 982
| 0.11
|
| Long-Term Bond
| BLV
| 817
| 0.11
|
| Extended Duration Treasury
| EDV
| 47
| 0.14
|
| Total Stock Market
| VTI
| 3,558
| 0.07
|
| Large-Cap
| VV
| 765
| 0.07
|
| Growth
| VUG
| 406
| 0.11
|
| Value
| VTV
| 418
| 0.11
|
| Extended Market
| VXF
| 3,167
| 0.08
|
| Mid-Cap
| VO
| 452
| 0.13
|
| Mid-Cap Growth
| VOT
| 224
| 0.13
|
| Mid-Cap Value
| VOE
| 270
| 0.13
|
| Small-Cap
| VB
| 1,769
| 0.10
|
| Small-Cap Growth
| VBK
| 962
| 0.12
|
| Small-Cap Value
| VBR
| 999
| 0.12
|
| Dividend Appreciation
| VIG
| 215
| 0.28
|
| High Dividend Yield
| VYM
| 575
| 0.25
|
| Consumer Discretionary
| VCR
| 418
| 0.22
|
| Consumer Staples
| VDC
| 112
| 0.22
|
| Energy
| VDE
| 168
| 0.22
|
| Financials
| VFH
| 512
| 0.22
|
| Health Care
| VHT
| 287
| 0.22
|
| Industrials
| VIS
| 361
| 0.22
|
| Information Technology
| VGT
| 412
| 0.22
|
| Materials
| VAW
| 119
| 0.22
|
| REIT
| VNQ
| 98
| 0.12
|
| Telecommunication Services
| VOX
| 47
| 0.23
|
| Utilities
| VPU
| 87
| 0.22
|
| FTSE All-World ex-US
| VEU
| 2,207
| 0.25
|
| Europe Pacific
| VEA
| 1,040
| 0.15
|
| European
| VGK
| 536
| 0.12
|
| Pacific
| VPL
| 569
| 0.12
|
| Emerging Markets
| VWO
| 895
| 0.25 |
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