Vanguard Sheds Almost $1 Billion in Assets Under Management The latest numbers from the ETF League Tables paint a stark picture of the shifting landscape in the exchange traded fund (ETF) industry.
Vanguard, long considered the behemoth of the sector, has shed nearly $1 billion in assets under management (AUM) over the past few months.
Vanguard's decline is particularly noteworthy given its historical stronghold on the industry. The company has long been synonymous with low cost, index tracking ETFs that have become a staple of modern investing.