'Though the exposure to these holdings was very modest, we regret that the error occurred and apologize to shareholders,' said a Vanguard spokesman.
A Vanguard exchange-traded fund focused on socially responsible investing bought shares of a gunmaker after its underlying benchmark included them mistakenly, Bloomberg reported. The mistake happened during the index's rebalancing in June, according to Bloomberg. Vanguard and the holder of the index fixed the mistake and notified clients right away, Bloomberg reported. Read more on Markets Insider.
A Vanguard exchange-traded fund focused on socially responsible investing bought shares of a gunmaker after its underlying benchmark included them mistakenly, Bloomberg reported. The mistake happened during the index's rebalancing in June, according to Bloomberg. Vanguard and the holder of the index fixed the mistake and notified clients right away, Bloomberg reported. Read more on Markets Insider.
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