Vanguard filed with the Securities and Exchange Commission to remove the name VIPER from its 24 exchange-traded funds, effective Thursday, The Wall Street Journal reports.

As the acronym stands for Vanguard Index Participation Equity Receipts, Daniel Wiener, editor of the Independent Adviser for Vanguard Investors newsletter, surmises it could be a sign that the company is planning to offer bond ETFs, as VIPERs refer to equity receipts. It "would have been a bit of a misnomer," Wiener said.


John Woerth, a spokesman for Vanguard, would not confirm whether or not Vanguard is planning bond ETFs, but did say the company has filed to offer two additional equity ETFs.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.