Bloomberg ETF analyst: Vanguard submits application for active equity ETF

Odaily News Eric Balchunas, an ETF analyst at Bloomberg, stated in a post on the X platform that Vanguard submitted an application for the actively managed stock "Wellington" ETF this morning. The fees will be 40 basis points, 35 basis points, and 30 basis points, making it the highest cost ETF Vanguard has offered to date.

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