Vanguard Cuts Fees on Popular Dividend ETF

Vanguard, the third-largest U.S. ETF sponsor, lowered the annual expense ratio on its popular Vanguard Dividend Appreciation ETF (NYSE: VIG ) to 0.1 percent from 0.13 percent effective Tuesday. VIG is the largest dividend ETF by assets with $16.2 billion and has raked in $2.1 billion of that total this