Vanguard, once thwarted, launches a muni-bond rival to BlackRock’s iShares
A first for the mutual fund industry, and the cheapest offering in ETFs, an analyst says.
The Vanguard Group Inc. was playing catch up when it was getting ready to launch its first municipal bond index fund in 2010.
Its competitors had already successfully brought similar products to the market, including State Street Global Advisors and BlackRock's iShares. Those issuers, who at the tim
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