How to buy an ETF
You need a brokerage account to invest in Vanguard ETFs®. If you have any questions along the way, we're happy to help.
Already have a Vanguard Brokerage Account?
Need to open a brokerage account?
Choose an account type based on what you're saving for
Open your account online in about 10 minutes
It doesn't take long to open an account if you have some information handy, such as your Social Security and bank account numbers.
Add money to your settlement fund
For newly opened brokerage accounts, you must have money in your settlement fund before you can buy an ETF.
But there's no preset minimum—you only need enough to cover the cost of the ETF shares you intend to buy.
Already investing in ETFs somewhere else?
With an account transfer, you can treat yourself to the benefits of consolidation.
Joint & individual accounts
Use these if you've maxed out your retirement contributions for the year and you want to save even more, or if you want to set money aside for an emergency fund or a big future expense.
With a Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) account, the minor owns the account but you control it until he or she reaches the age of majority (18 to 21, depending on your state).
Roth & traditional IRAs
You can invest in a Roth or traditional IRA as long as you (or your spouse) are employed and earning income. IRAs offer a great way to save for retirement even if you're already investing in a 401(k) or 403(b) at work.
If you're self-employed or you own a small company, a SEP-IRA offers higher contribution limits than a Roth or traditional IRA allows.
Trust accounts hold investments that are tied to an existing personal trust.
Organization accounts are available for corporations, partnerships, limited liability companies, and sole proprietorships; endowments and foundations; estates; professional associations; or unincorporated enterprises.
The holding place where you keep the money you need to pay for the ETF shares you want to buy and where we'll place the proceeds when you sell ETF shares.
At Vanguard, your settlement fund—sometimes referred to as a "sweep" account—isn't a cash account. Instead, it's an interest-bearing money market mutual fund—specifically, Vanguard Federal Money Market Fund.