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.