Vanguard Telecommunication Services ETF Shares seek investment results that, before expenses, generally correspond to the price and yield performance of the MSCI U.S. Investable Market Telecommunication Services Index. The Vanguard ETF Shares are exchange-traded securities that represent ownership in the Vanguard ETF Shares Series Trust, an index fund consisting of a portfolio that is a representative sample of the stocks that make up the underlying index.
* Trading Characteristics Definitions Spread : The average dollar difference between the best bid and best offer across all exchanges for the specified time period, weighted by volume. *Spread : Is the monthly average of the daily spread. % Spread : The average spread amount divided by the average bid-ask midpoint, weighted by volume. Share Volume : Composite Volume - total number of shares traded on all exchanges and Nasdaq. Dollar Volume : Dollar amount of shares traded on each exchange for the specified symbol, based on the stocks average price for the time period specified.