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Investing June 11, 2001
Seven Million VIPERS Trade in First Week
June 11, 2001 (PLANSPONSOR.com) - The average daily
volume of Vanguard Total Stock Market VIPERS shares traded
during their first week on the market was 1,182,533 shares
per day, a total of 7,095,200 during the six-day period,
according to the American Stock Exchange.
Reported by Camilla Klein
On May 31, the first day of trading, the VIPERS, the first in an expected series of Vanguard exchange traded funds (ETFs) closed the day with a total of $17,241,000 in assets, increasing to $65,405,609 at the close of business on June 7.
The VIPERS, or Vanguard Index Participation Equity Receipts, are the only ETFs to track the Wilshire 5000 Total Market Index.