New ETFs On The Block: Vanguard Tax-Exempt Bond Index Fund (VTEB)

Ulli Municipal ETFs Contact

Going by recent trends, about 200 new exchange-traded funds are launched in an average year. Vanguard, the second largest US ETF issuer after Blackrock’s iShares, however, remains conspicuously absent at most times despite managing $3.3 trillion in global assets. Not any more after the Penn-based asset manager decided to break its long hiatus of more than two years with the …