Vanguard ditches stocks in ESG ETFs after indices mistake
On the 08.13.19 at 7:14AM
Financial Times (FT)
An error in the rebalancing of FTSE Russell US All Cap Choice index has led the Vanguard US ESG Stock ETF to invest in gun stocks.
A total of 29 stocks have been removed of two Vanguard's ETFs relying on environmental, social and governance criteria, The Financial Times reported.