How do I exchange a Vanguard mutual fund for another Vanguard mutual fund online?
From the Vanguard homepage, search "Exchange funds" or go to the exchange funds page. After you log in, you'll see the page below. Scroll to find the account that you'd like to use for your purchase and then select that account.
Select the checkbox next to the fund name you want to exchange from.
Enter the dollar amount you want to exchange into the textbox. You can also opt to exchange all shares. Click Continue.
In the Where's the money going? section, select the checkbox next to the fund name you'd like to exchange into.
Enter the dollar amount you want the fund to receive into the textbox.
You can select multiple funds to exchange into and divide the fund proceeds however you like.
You also have the option to distribute the funds by specific dollar amount, percentage, or evenly. Once you've decided, click Continue.
If you're opening a new fund, select the checkbox next to Add another Vanguard mutual fund. Type your new mutual fund selection into the textbox to see a list of all related funds. Select the fund you want to open. Click Continue.
On the Review and submit page, review the details of your transaction. When you're ready to proceed with your exchange, click Submit. You'll be taken to a Confirmation screen that will show the details of your transaction.