Vanguard's Bulk Share Selling: Housekeeping or Need for Liquidity?

J. Christoph Amberger submits: Vanguard, one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services, has reopened its Vanguard Explorer Fund and Vanguard Health Care Fund to new shareholder accounts. Both had been closed in February 2006 and March 2005, respectively. "We believe that the funds can accommodate additional assets at this time, given their current size and cash flow levels," said Vanguard Chairman and CEO Jack Brennan.Complete Story »