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Learning, Sharing, and Teaching => Investor Alley => Topic started by: GUNDERSON on March 25, 2020, 11:01:26 AM

Title: selling fractional etf shares on Vanguard
Post by: GUNDERSON on March 25, 2020, 11:01:26 AM

This is surely a dumb question, but if you try to sell an ETF, it will ask for a number of shares you want to sell. You can only enter whole numbers, but usually, because of dividends, the total value is not a whole number, and therefore when I select specific shares to sell, Vanguard won't let me execute the trade, saying it's either too few or too many shares. What's the workaround here? Thanks.

Title: Re: selling fractional etf shares on Vanguard
Post by: wienerdog on March 25, 2020, 11:14:27 AM

Put in the the whole number.  They will sell the fractional share automatically once it is the only thing left.

Title: Re: selling fractional etf shares on Vanguard
Post by: GUNDERSON on March 25, 2020, 11:15:49 AM

The issue is that I don't want to sell my whole position, just the lots with losses. Thanks!