According to documents filed with regulators on Monday, Vanguard plans to launch its first actively managed US stock exchange-traded funds (ETFs) this year. These funds will be managed by Wellington Management and include the Vanguard Wellington Dividend Growth Active ETF, the Vanguard Wellington US Growth Active ETF, and the Vanguard Wellington US Value Active ETF. Vanguard stated that these new products will target dividend growth, growth stock, and value stock investment strategies.
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