Vanguard says app glitch led to inflated balances shown on Apple devices


An Apple store is seen in Los Angeles, California, United States, April 22, 2016. REUTERS/Lucy Nicholson

BOSTON: An "application glitch" led some Vanguard Group clients to see an inflated account balance displayed on their Apple mobile devices, a spokeswoman said – a hiccup that left at least one user cheering the apparent extra funds. 

The issue did not affect clients' actual balances or transactions, the spokeswoman for the index fund manager, Katie Henderson Hirt, said on May 2. 

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