ETF safety

[TickSeeker]

If I buy for example Vanguard's VTI etf and the company goes bankrupt what are my changes to get my money back ?

I understand that changes are guite good if I bought the stocks listed in the ETF directly and did DRS for them, but in the case of bk the ETF itself will disappear with the company so...

 

[ph1l]

https://money.stackexchange.com/que...y-in-spy-etf-if-state-street-becomes-bankrupt
What happens to investors' money in SPY ETF if State Street becomes bankrupt?

https://www.quora.com/What-happens-if-the-managing-company-of-an-ETF-goes-bankrupt
What happens if the managing company of an ETF goes bankrupt?

 

[TickSeeker]

Thank you

 

[S2007S]

If I buy for example Vanguard's VTI etf and the company goes bankrupt what are my changes to get my money back ?

I understand that changes are guite good if I bought the stocks listed in the ETF directly and did DRS for them, but in the case of bk the ETF itself will disappear with the company so...

Hahahah, bankrupt???? Do you have any idea the amount of trillions in assets vanguard has under management??????
If vanguard went bankrupt there would be a total depression, Major averages would be down 80-90%!!!! Vanguard bankrupt??????

 

[TickSeeker]

Hahahah, bankrupt???? Do you have any idea...

And this was your sophisticated response where you tried your best... It’s always nice to see genius people.

It was not a question will it happen you idiot.
Just FYI Lehman Brothers Holdings, Inc. had total assets of $691,063,000,000 when it went bk

 

[deltaf0rce]

Hahahah, bankrupt???? Do you have any idea the amount of trillions in assets vanguard has under management??????
If vanguard went bankrupt there would be a total depression, Major averages would be down 80-90%!!!! Vanguard bankrupt??????

So you clearly have no idea how the business balance sheet is segregated from customer deposits, thus enabling a firm to go out of business without cleaning out it’s client base. Please have beyond a surface level understanding of infrastructure if you’re going to comment thanks

 

[noddyboy]

Hahahah, bankrupt???? Do you have any idea the amount of trillions in assets vanguard has under management??????
If vanguard went bankrupt there would be a total depression, Major averages would be down 80-90%!!!! Vanguard bankrupt??????

Wait...did you actually name one company thatt WON'T go bankrupt? That is new!

 

[noddyboy]

So you clearly have no idea how the business balance sheet is segregated from customer deposits, thus enabling a firm to go out of business without cleaning out it’s client base. Please have beyond a surface level understanding of infrastructure if you’re going to comment thanks

Except it is not foolproof, like MF Global

 

[murray t turtle]

If I buy for example Vanguard's VTI etf and the company goes bankrupt what are my changes to get my money back ?

I understand that changes are guite good if I bought the stocks listed in the ETF directly and did DRS for them, but in the case of bk the ETF itself will disappear with the company so...

%%
YOU are much, much more likely to get hit by lightening
so don't worry about chasing fleas or stand under a tall tree in a storm.Thanks for the question...………………………………………………………………………………………………../boss hog

 

[deltaf0rce]

Except it is not foolproof, like MF Global

Again, understand beyond googleWhat you are talking about. Mf global was a commodities firm. And they all got paid back.