Expanded commission-free ETFs at Etrade

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Earl Lemongrab
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Expanded commission-free ETFs at Etrade

Post by Earl Lemongrab » Tue Jun 19, 2018 3:54 pm

Didn't see this anywhere, sorry if I missed it. Just got the following email from Etrade:
Building a diversified portfolio shouldn't break the bank. As of June 19, you can buy or sell 32 Vanguard exchange-traded funds (ETFs) at E*TRADE without paying trading commissions.

Our commission-free Vanguard list of ETFs includes at least one of the ETFs you currently own. This expanded offerings now includes funds such as:
Vanguard Total Stock Market ETF (VTI)
Vanguard S&P 500 ETF (VOO)
Vanguard FTSE Emerging Markets ETF (VWO)
Vanguard FTSE Developed Markets ETF (VEA)
Vanguard Total Bond Market ETF (BND)
https://www.etrade.wallst.com/v1/fundre ... esults.asp
This week's fortune cookie: "Your financial life will be secure and beneficial." So I got that going for me, which is nice.

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triceratop
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Re: Expanded commission-free ETFs at Etrade

Post by triceratop » Tue Jun 19, 2018 4:00 pm

Of note: commission-free multifactor access.
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whodidntante
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Re: Expanded commission-free ETFs at Etrade

Post by whodidntante » Tue Jun 19, 2018 5:55 pm

I got the same message. I'm happy to see VFMF on the list.

jacoavlu
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Re: Expanded commission-free ETFs at Etrade

Post by jacoavlu » Tue Jun 19, 2018 6:14 pm

Great news, don’t understand the absence of VXUS. Ah well. There’s IXUS anyway.

student
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Re: Expanded commission-free ETFs at Etrade

Post by student » Tue Jun 19, 2018 8:15 pm

Thanks for the info. I did not receive an email from etrade on this news.

drk
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Re: Expanded commission-free ETFs at Etrade

Post by drk » Tue Jun 19, 2018 10:33 pm

Sweet. I was happy when they started offering ITOT and IXUS after I moved some money there for a bonus. This is huge, though. It seems that someone paid attention to TDA customers' anger.

Also, here's a link to the full list of commission-free Vanguard funds.

BruinBones
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E*Trade eliminates commissions on ETFs

Post by BruinBones » Wed Jun 20, 2018 10:07 am

[Thread merged into here, see below. --admin LadyGeek]

Glad to see that E*Trade is making ETFs commission free, including VTI, etc.

<https://finance.yahoo.com/news/e-trade- ... rc=applewf>

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ruralavalon
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Re: E*Trade eliminates commissions on ETFs

Post by ruralavalon » Wed Jun 20, 2018 10:16 am

BruinBones wrote:
Wed Jun 20, 2018 10:07 am
Glad to see that E*Trade is making ETFs commission free, including VTI, etc.

<https://finance.yahoo.com/news/e-trade- ... rc=applewf>
Good news :) .

E*Trade now offers 32 Vanguard ETFs commission free, sadly not including Vanguard Total International Stock ETF (VXUS), but including Vanguard FTSE Developed Markets ETF (VWO), Vanguard FTSE Emerging Markets ETF (VEA), Vanguard Total Stock Market ETF (VTI), Vanguard Total Bond Market ETF (BND) and just about anything else of interest except Vanguard REIT ETF (VNQ).

There is a short-term trading fee or penalty, which is nice.

I am not clear on how E*Trade makes any money doing this, at least for the Vanguard ETFs.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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siamond
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Re: E*Trade eliminates commissions on ETFs

Post by siamond » Wed Jun 20, 2018 10:52 am

That's cool. Now I can withdraw retirement money from my taxable account without spending a dime. That is, before taxes hit, of course. Will not make much of a difference, but this is very satisfying. :happy

jacoavlu
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Re: E*Trade eliminates commissions on ETFs

Post by jacoavlu » Wed Jun 20, 2018 11:19 am

should read "some" ETFs - certainly welcome additions to the commission free list - but thread title makes it sound like fees gone across the board :beer

BusterMcTaco
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Re: E*Trade eliminates commissions on ETFs

Post by BusterMcTaco » Wed Jun 20, 2018 11:25 am

Very good for me and my solo 401k with them!

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LadyGeek
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Re: Expanded commission-free ETFs at Etrade

Post by LadyGeek » Wed Jun 20, 2018 4:15 pm

I merged BruinBones's thread into here. The combined thread is in the Investing - Theory, News & General forum.
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