VGHY: Understanding Vanguard's Pivot Into Junk Bonds

Core Insights - Vanguard is recognized for its ultra-low cost investment funds and broad index exposures, distinguishing itself from competitors like BlackRock and State Street, which offer a wide range of ETFs targeting specific niches and themes [1] Group 1 - Vanguard's investment strategy focuses on low-cost options, appealing to cost-conscious investors [1] - The company maintains a strong position in the market by providing broad index exposure, which is a key selling point for many investors [1]