How Is SpaceX (SPCX) Already the Largest of 3,372 Holdings in This $97.7 Billion Vanguard ETF?
Yahoo Finance ·
After weeks of waiting, investment management firm Vanguard finally updated the holdings of its 48 passively managed equity exchange-traded funds (ETFs). Unsurprisingly, Space Exploration Technologies ( SPCX -2.68% ) popped up in the Vanguard Total Stock Market ETF , the Vanguard Growth ETF , and the Vanguard Mega Cap Growth ETF , among others. By far the biggest surprise was that, as of June 30, SpaceX is the No. 1 holding in the Vanguard Extended Market ETF ( VXF -0.28% ) , ahead of 3,371 other stocks. This is no small ETF by any means -- the Vanguard Extended Market ETF has $97.7 billion in net assets and traces its inception date back to December 2001.
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