Rich Powers (Head of Vanguard ETF): “Every investor is doing some sort of Active Management unless they are buying Total Word (VT/VTWAX)” July 28, 2019 12:30 pm by IWB Head of ETF’s at Vanguard confirms, unless you’re buying the entire world you’re doing some sort of active management. It just runs the spectrum. We are primarily funded by readers. Please subscribe and donate to support us! Views: