Rep. Marjorie Taylor Greene Bets Big on Vanguard ETFs in 2024
By Jake Beardslee ·
July 29, 2024
In the first half of 2024, Georgia Representative Marjorie Taylor Greene has made significant moves to diversify her investment portfolio, focusing on four Vanguard exchange-traded funds (ETFs). This development has caught the attention of retail investors who closely monitor politicians' financial decisions. Mark Hoffman / Milwaukee Journal Sentinel / USA TODAY NETWORK
Greene's recent purchases include the Vanguard Small-Cap ETF (VB), Vanguard Mid-Cap ETF (VO), Vanguard S&P 500 ETF (VOO), and Vanguard FTSE Developed Markets ETF (VEA). These acquisitions suggest a strategy aimed at balancing growth potential with broader market exposure, according to The Motley Fool. Mark Hoffman / Milwaukee Journal Sentinel / USA TODAY NETWORK
The Vanguard Small-Cap ETF, comprising 1,403 stocks, offers Greene exposure to potentially high-growth companies, albeit with higher risk. Similarly, the Vanguard Mid-Cap ETF provides a middle ground, featuring 316 stocks with a median market capitalization of $31.8 billion. Megan Smith-USA TODAY
Greene's largest investment was in the Vanguard S&P 500 ETF, valued between $15,001 and $50,000. This fund tracks the S&P 500 index, providing exposure to major U.S. companies like Microsoft, Nvidia, and Apple. Joshua Mayo / Unsplash
Demonstrating interest in international markets, Greene also invested in the Vanguard FTSE Developed Markets ETF. This fund excludes U.S. companies, focusing instead on stocks from European and Pacific regions. Megan Smith-USA TODAY
The Motley Fool notes that these Vanguard ETFs could be smart choices for investors seeking diversification and low fees. The funds' expense ratios are notably low, with the highest being just 0.06% for the FTSE Developed Markets ETF. George Dagerotip / Unsplash
While it's not advisable to blindly follow politicians' investment strategies, these ETFs align with common investment goals such as growth, broad market exposure, and international diversification. As always, investors are encouraged to consider their personal financial objectives when making investment decisions. m. / Unsplash
