Vanguard (US.VOO) Is Giving $1 Billion Back to Investors: Are You Entitled to Some Money?
Vanguard, founded by Jack Bogle, is firm that essentially created index investing - creating funds that track stock indexes like the S& P 500 rather than employing a fund manager to make stock picks. Eliminating the need for stock picking allowed Vanguard to set expense ratios very low from the start, and it became synonymous with low-cost, index-focused investing. While other firms have since added index funds and worked to lower costs, Vanguard is sort of like the "OG" of low-cost investing.
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