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Vanguard ETF Reaches $46.2B In Assets

A Vanguard ETF has become the third largest exchange-traded fund in the U.S.

A Vanguard ETF has become the third largest exchange-traded fund in the U.S., Bloomberg reports. The Vanguard Emerging Market ETF had $46.2 billion assets under management as on Jan. 19, 2011.

The fund has surpassed BlackRock’s iShares MSCI Emerging Markets ETF, with $46 billion assets. Both the emerging-markets funds track the same index, MSCI Emerging Markets Index.

Click here for the story from Bloomberg.

Click here for the additional coverage from Mutual Fund Wire.

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