Investors’ headlong rush into high-yielding stock funds has prompted Vanguard Group to close a popular dividend fund from accepting new cash.
The Pennsylvania-based fund giant announced on Thursday that the $30.6 billion Vanguard Dividend Growth Fund (VDIGX) will no longer accept money from new investors. No limitations apply to existing shareholders.
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A Washington, D.C, development firm has purchased two contiguous commercial buildings in near the State House in Annapolis for $11.9 million.
Douglas Development Corp. recently inked a deal to buy West Garrett Place, a red-brick retail and office building located at 257 West St. and 275 West St., in one of the historic city’s busy retail and restaurant hubs.
Mark Glagola, managing director of the Mid-Atlantic Capital Markets Group at Transwestern, brokered the deal.
India’s Restaurant is one of…