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Microsoft's Opposition To Bitcoin Investments Aligns With The Stance Of The Company's Largest Shareholder, Vanguard: Here's More
Monday, February 17, 2025 - 8:00am | 547Microsoft Corp. (NASDAQ:MSFT) said no to Bitcoin (CRYPTO: BTC) investments last year, ending weeks of speculation that the tech behemoth would join other corporations in adding the world’s largest cryptocurrency to its reserves. Interestingly, the company's refusal was consistent with that of...
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Vanguard Slashes Investing Fees, Saving Investors Millions: 'The Larger We Become, The Lower It Goes'
Monday, February 3, 2025 - 4:41pm | 501Asset manager Vanguard on Monday announced that it was slashing the fees associated with investing in its funds, saving investors up to $350 million in 2025 alone. What To Know: Vanguard has lowered the expense ratio across 87 of its funds, bringing its average asset-weighted fee down to just 0.07...
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Vanguard Dethrones BlackRock As Second Largest ETF Manager: Here's How Their Funds With Exposure To S&P 500 Fared This Year
Tuesday, November 5, 2024 - 4:08am | 545Vanguard has surpassed BlackRock as the manager of the world’s second-largest ETF. What Happened: Vanguard’s S&P 500 ETF (NYSE:VOO) has edged past BlackRock’s iShares Core S&P 500 ETF (NYSE:IVV) in terms of assets. As of last Friday, VOO held $540.76 billion, slightly...
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SPY Reaches $600 Billion In Assets: Oldest US ETF Hits Milestone As All-Time Highs Continue
Friday, October 18, 2024 - 1:26pm | 820The first U.S.-based exchange-traded fund hit a major milestone on Thursday, following recent all-time highs for the fund tracking the S&P 500. What Happened: Launched in January 1993, the SPDR S&P 500 ETF Trust (NYSE:SPY) is the oldest U.S.-based ETF and the largest by assets under...
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VOO Vs. VTI: Vanguard's S&P 500, Total Stock Market ETFs Hit New Highs As S&P 500 Reaches Record Level
Wednesday, September 25, 2024 - 3:30pm | 550Two popular U.S. stock market exchange-traded funds hit all-time highs Wednesday as the S&P 500 Index reached its highest level ever. The Vanguard S&P 500 ETF (NYSE:VOO), which tracks the performance of the S&P 500 Index and therefore consists of about 500 large-cap stocks, reached $527...
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VOO Vs. VTI: Which US Stock Market ETF Could Benefit More From Interest Rate Cuts?
Wednesday, September 18, 2024 - 3:24pm | 860When it comes to two of the largest U.S. stock market funds, one could stand out now that the Federal Reserve decided to cut interest rates Here's a look at key differences between the Vanguard S&P 500 ETF (NYSE:VOO) and the Vanguard Total Stock Market ETF (NYSE:VTI). VOO ETF Vs. VTI ETF: The...
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Trump Media Stock Bought By BlackRock, State Street, Charles Schwab, Vanguard In Q2: Stock Is Down 40% In Past Month
Thursday, August 15, 2024 - 12:54pm | 751Several large, well-known fund management companies bought shares of Trump Media & Technology Group (NASDAQ:DJT) in the second quarter, which comes after the Trump co-founded company made its highly anticipated debut in March. What Happened: New 13F disclosures for the second quarter show...
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VOO Vs. VTI: Here Are The Key Differences Between Vanguard US Stock Market ETFs Investors Should Know
Tuesday, August 13, 2024 - 8:45am | 822Investors have thousands of options when it comes to investing in exchange-traded funds, including those that mirror broad U.S. stock market indexes like the S&P 500 Index. Here's a look at key differences between the Vanguard S&P 500 ETF (NYSE:VOO) and the Vanguard Total Stock Market ETF (...
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How A Phone Call With Vanguard Founder Jack Bogle Transformed Bob Pisani's Perspective And Revolutionized Investing
Tuesday, July 30, 2024 - 5:53am | 783Bob Pisani, a senior markets correspondent, shared how a phone call with Jack Bogle, the founder of Vanguard, transformed his perspective on investing and ultimately changed the investment world. What Happened: In 1997, Pisani, who was just starting as the on-air stocks editor for CNBC, had a...
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Vanguard Appoints Former BlackRock Executive Salim Ramji As New CEO
Wednesday, May 15, 2024 - 10:40am | 616Investment management giant Vanguard has announced the appointment of Salim Ramji, a former executive from BlackRock (NYSE:BLK) known for his Bitcoin (CRYPTO: BTC) friendly stance, as its new CEO and board member, effective July 8. What Happened: Ramji, with 25 years of industry experience,...
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Investors Flock To Lower-Cost Vanguard S&P 500 ETF: Is It Time To Switch From SPY To VOO?
Thursday, May 9, 2024 - 12:22pm | 1161A seismic shift is currently underway among the world’s largest exchange-traded funds (ETFs), which could redefine the landscape of the ETF universe. The SPDR S&P 500 ETF Trust (NYSE:SPY), the largest ETF globally with over $500 billion in assets under management, experienced significant...
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Treasury Yields Head To 'Danger Zone': Analyst Forecasts Potential Spike To 5%, Disorderly Sell-Off For Markets
Thursday, April 18, 2024 - 12:26pm | 592Yields on the 10-year Treasury note have ascended to a striking 4.70% this month, the highest mark since early November 2023 amid a toxic mix of higher inflation, a stubbornly resilient economy and revised expectations around Federal Reserve rate cuts. Adding to the unease, Fed Chair Jerome Powell...
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Disney's Largest Shareholder Vanguard Sides With Management In Proxy Fight Against Nelson Peltz
Wednesday, April 3, 2024 - 9:50am | 574In a recent turn of events, investment management firm Vanguard has reportedly declared its support for Disney‘s (NYSE:DIS) management over activist investor Nelson Peltz in the imminent board vote. What Happened: Vanguard, being Disney’s largest shareholder with a 7.8% stake, intends...
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Could 3 Powerful Fund Managers Take Control Of US Banks?
Tuesday, April 2, 2024 - 11:33am | 856The big three fund managers that jointly manage more than $23 trillion in assets are coming under the scrutiny of federal regulators over their large holdings in many U.S. banks. BlackRock Inc (NYSE:BLK), State Street Corp (NYSE:STT) and Vanguard run funds that passively track the performances of...
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Vanguard CEO Tim Buckley Says "Bitcoin Is Too Volatile And It's Not A Store Of Value" — Asks If It Belongs In A Long Term Portfolio
Friday, March 15, 2024 - 3:59pm | 677In January 2024, the Securities and Exchange Commission (SEC) approved several spot Bitcoin exchange-traded funds (ETFs) for trading in a landmark ruling. The ETFs have been the most successful launch in history, amassing over $10 billion in net inflows since launch. Some of the largest asset...