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Vanguard Plans to Introduce a Bond ETF of ETFs

Todd Shriber

Index fund and exchange-traded fund (ETF) giant Vanguard said that it is planning to introduce the Vanguard Total World Bond ETF. The Vanguard Total World Bond ETF is expected to debut in the third quarter and will use an ETF of ETFs structure, an approach Vanguard previously applied with the Vanguard Total Corporate Bond ETF ( VTC). VTC, which debuted in November, holds Vanguard's other three corporate bond  ETFs – the Vanguard Short-Term Corporate Bond ETF ( VCSH), Vanguard Intermediate-Term Corporate Bond ETF ( VCIT) and Vanguard Long-Term Corporate Bond ETF ( VCLT).