Vanguard Tries 7 New Bond ETF Offerings (VGSH, VGIT, VGLT, VCSH, VCIT, VCLT, VMBS)

By Douglas A. McIntyre Updated Mar 25, 11:37PM EDT · Published Nov 23, 10:54AM EST

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Vanguard has just launched seven new bond exchange traded funds today. We are seeing very thin trading volume, and that will be the single biggest benchmark used for whether or not these become a success or whether they become just another slate of ‘me-too’ ETF offerings.

Vanguard Short-Term Government Bond Index Fund (NASDAQ: VGSH) tracks the U.S. 1–3 Year Government Float Adjusted Index

Vanguard Intermediate-Term Government Bond Index Fund (NASDAQ: VGIT) tracks the U.S. 3-10 Year Government Float Adjusted Index

Vanguard Long-Term Government Bond Index Fund (NASDAQ: VGLT) tracks the U.S. Long Government Float Adjusted Index

Vanguard Short-Term Corporate Bond Index Fund (NASDAQ: VCSH) tracks the U.S. 1–5 Year Corporate Index

Vanguard Intermediate-Term Corporate Bond Index Fund (NASDAQ: VCIT) tracks the U.S. 5–10 Year Corporate Index.

Vanguard Long-Term Corporate Bond Index Fund (NASDAQ: VCLT) tracks the U.S.Long Corporate Index.

Vanguard Mortgage-Backed Securities Index Fund (NASDAQ: VMBS) tracks the U.S. MBS Float Adjusted Index.

We’d offer more insight here, except that Vanguard has been very late to the ETF party. This probably also wasn’t exactly the best week to try launching new bond funds as investors and traders are in the office on Monday and Tuesday, but their feet will mostly be out the door on both sides of Thanksgiving this Wednesday and Friday.

JON C. OGG

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.