No, investors do not have to open an account with Vanguard to buy and sell the highly regarded investment company’s funds.
As a result, most major brokerages offer their retail clients the opportunity to trade Vanguard mutual funds and exchange-traded funds (ETFs).
Can I invest directly with Vanguard?
You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free) or through another broker (which may charge commissions). Vanguard ETF Shares are not redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars.
How do I purchase Vanguard funds?
How do I buy a Vanguard mutual fund online?
- From the Vanguard homepage, search “Buy funds” or go to the Buy funds page.
- Select the checkbox next to an existing fund.
- Once you select a checkbox, a textbox will appear below it.
- When you enter fund information in the text box, fund choices will appear.
Can I buy Vanguard funds in my Fidelity account?
A. There are three ways to get that fund— or a reasonable facsimile— and stay at Fidelity. One is to open a Fidelity brokerage account and buy Vanguard Balanced Index fund through the brokerage account. It will involve paying a commission, but you’ll still have an account at Fidelity.
How much money do I need to open a Vanguard account?
The minimum initial investment for Vanguard Target Retirement Funds and Vanguard STAR Fund is $1,000. A $3,000 minimum applies to most other Vanguard mutual funds. For ETFs (exchange-traded funds), the minimum initial investment is the price of 1 share. Details are provided in each fund’s profile.