Vanguard to Ditch Commissions on Most ETFs

Starting in August, roughly 1,800 ETFs offered on Vanguard's brokerage platform will be commission-free

Vanguard today announced that most exchange-traded funds (ETFs) available through its online brokerage platform – – soon will be available without a commission. The change is scheduled to take effect in August, though an exact date has yet to be announced.

Roughly 1,800 of the 2,100 ETFs available on Vanguard’s platform will be commission-free, including ETFs from BlackRock’s (BLK) iShares division, Schwab (SCHW) and State Street’s (STT) State Street Global Advisors, which manages funds under the SPDR brand. Previously, the company offered only its 77 ETFs with no commission.

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Thomas H. Blanton
Reporter, Kiplinger's Personal Finance