Vanguard Extended Market Index Fund Institutional Plus Shares
VEMPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Dec 13, 2010
- CIK
- 0000036405
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Extended Market Index Fund Institutional Plus Shares (VEMPX) is an open-end mutual fund that employs an indexing investment approach designed to track the performance of the S&P Completion Index, a broadly diversified market capitalization-weighted index comprising stocks of small-, mid-, and certain large-cap U.S. companies outside the S&P 500. The fund invests by sampling the index, holding approximately 3,700 securities that approximate key characteristics such as industry weightings, market capitalization, price/earnings ratios, and dividend yields; nearly 80% of assets are allocated to the 1,200 largest stocks in the index, with the remainder in a representative sample of smaller issues. Its portfolio emphasizes mid- and small-cap blend styles, with top sectors including technology (around 20%), industrials (17%), financial services (15%), and healthcare (12%), and leading holdings such as Strategy Inc, CRH PLC, AppLovin Corp, Snowflake Inc, and Marvell Technology Inc; the fund maintains low turnover at 11% and a net expense ratio of 0.04%. VEMPX targets institutional investors with a minimum initial investment of $100 million and operates within the mid-cap blend category, providing diversification benefits from small- and micro-cap exposure relative to large-cap benchmarks. Launched on January 14, 2011, the fund is managed by The Vanguard Group, Inc., founded in 1975 and headquartered in Malvern, Pennsylvania, with global operations spanning North America, Europe, Asia, and Australia. Vanguard, which oversees more than $9 trillion in assets from 50 million clients worldwide as of mid-2024, structures VEMPX as part of its institutional share class lineup offered exclusively in the United States. Recent portfolio management changes include the addition of Walter Nejman as co-manager effective February 18, 2025, alongside incumbents Michelle Louie (since February 2023) and Nick Birkett (since August 2023), under the oversight of principal Donald Butler (since 1998). At the parent company level, Vanguard appointed former BlackRock executive Salim Ramji as CEO on July 8, 2024, marking the first external hire in its history, while launching new active fixed income and municipal bond ETFs such as Vanguard Core Bond ETF (VCRB), Core-Plus Bond ETF (VPLS), Core Tax-Exempt Bond ETF (VCRM), and Short Duration Tax-Exempt Bond ETF (VSDM) in late 2024. Vanguard also expanded its Investor Choice pilot program in November 2024 with three new funds and additional voting policy options, alongside strategic shifts like selling its small business retirement accounts business and discontinuing its legacy mutual fund platform in 2025. These developments reflect Vanguard's ongoing emphasis on low-cost innovation, advice services, and global scale amid rapid asset growth.