Direct Stock Purchase Plans: How They Fill
How a direct stock purchase plan actually fills: a transfer agent pools orders, buys on its own schedule, and tells you the average price afterward.
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How a direct stock purchase plan actually fills: a transfer agent pools orders, buys on its own schedule, and tells you the average price afterward.
When do index funds trade? An index ETF prices all day like a stock. An index mutual fund does not trade intraday: it fills at the NAV after 4 p.m.