Author Topic: TD Ameritrade Changes Commission-Free ETFs  (Read 16192 times)

wienerdog

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Re: TD Ameritrade Changes Commission-Free ETFs
« Reply #50 on: November 23, 2017, 07:25:22 AM »
I have my HSA there, so am mostly stuck because there are not a lot of great options.

Anyway, I switched out

VTI -> SPTM
BND -> SPAG
VEU -> SPDW
VSS -> No good replacement

Added

SPEM (Emerging Markets)

Did you mean BND -> SPAB ?

Imustacheyouaquestion

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Re: TD Ameritrade Changes Commission-Free ETFs
« Reply #51 on: December 14, 2017, 10:57:21 AM »

  • After January 19, 2018, the 84 legacy funds will still be available at TD Ameritrade at the standard online commission rate. The remaining 16 funds will continue to be a part of the enhanced ETF Market Center.


This is interesting. I accidentally bought VTI on Nov 21 and again on Dec 5, but then couldn't figure out why there was no commission charged. Guess I have another month to decide on a replacement option for VTI and BND, which I had been buying every two weeks with HSA contributions.

RWD

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Re: TD Ameritrade Changes Commission-Free ETFs
« Reply #52 on: February 02, 2018, 08:48:00 PM »
What the heck is up with the SPTM bid-ask spread? $36 ask when the price is $34.12? Isn't that like a 5.5% front load, or am I completely misunderstanding bid/ask? VTI attached for comparison.

3mNewb

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Re: TD Ameritrade Changes Commission-Free ETFs
« Reply #53 on: February 02, 2018, 09:10:40 PM »
What the heck is up with the SPTM bid-ask spread? $36 ask when the price is $34.12? Isn't that like a 5.5% front load, or am I completely misunderstanding bid/ask? VTI attached for comparison.

Were those numbers pulled after close? If so they are pretty meaningless. During trading hours, the spread is typically $0.01 or $0.02.

RWD

  • Magnum Stache
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Re: TD Ameritrade Changes Commission-Free ETFs
« Reply #54 on: February 02, 2018, 09:29:33 PM »
What the heck is up with the SPTM bid-ask spread? $36 ask when the price is $34.12? Isn't that like a 5.5% front load, or am I completely misunderstanding bid/ask? VTI attached for comparison.

Were those numbers pulled after close? If so they are pretty meaningless. During trading hours, the spread is typically $0.01 or $0.02.

Yes, I think so. Why is it so different?

3mNewb

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Re: TD Ameritrade Changes Commission-Free ETFs
« Reply #55 on: February 03, 2018, 04:12:19 AM »
What the heck is up with the SPTM bid-ask spread? $36 ask when the price is $34.12? Isn't that like a 5.5% front load, or am I completely misunderstanding bid/ask? VTI attached for comparison.

Were those numbers pulled after close? If so they are pretty meaningless. During trading hours, the spread is typically $0.01 or $0.02.

Iím not sure. May be the result of very low volume after-hours trading. Highlights the importance of not doing that.

More importantly, the spread is small during normal trading hours so no worries about using SPTM as a commission free substitute.
Yes, I think so. Why is it so different?

elysianfields

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Re: TD Ameritrade Changes Commission-Free ETFs
« Reply #56 on: July 11, 2019, 11:12:08 PM »
Update: TD Ameritrade just added more, the list contains more than 550 commission-free ETFs, but sadly Vanguard still does not appear.

You may need to be logged in to view it:

https://research.ameritrade.com/grid/wwws/common/reports/commissionfreeReport.asp

For my HSA investments, I'm sticking with SPEM, SPDW, SPLG, SPMD, SPSM, which track the indices I want at very low expense ratios.