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Wednesday, January 04, 2012|
Vanguard Cuts Sector ETF Fees
Vanguard brought down the expense ratios of a number of sector-specific ETFs. The Valley Forge, Pennsylvania-based fund firm sliced expense ratios to as low as 19 basis points, reports Michael Johnston of Seeking Alpha.
Johnston writes that the cuts make the Vanguard ETFs "slightly cheaper than the popular lineup of Sector SPDRs and on par with several FocusShares ETFs."
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