A fractional share means you own a partial share.
Not exact matches
U can buy
fractional shares which literally
means u can invest $ 5 into any etf stash has, which they have good ones
Since the transactions aren't on a per
share cost basis but instead a total amount of money invested this
means you will end up with
fractional shares.
Ability to buy
fractional shares (that
means you can buy a piece of a
share if the
share price is too expensive for you now, like Bershire Hathaway or Apple even)
Betterment, however, has its own trick up its sleeve: it buys
fractional shares of ETFs, which
means that you'll have practically no cash in your account.
Just because it is a
fractional share doesn't
mean you shouldn't treat it the same as if you were buying the entire business.
L. 98 — 369, § 714 (j)(5), freed from withholding requirement any designated distribution which consists only of employer securities of the employer corporation (within the
meaning of section 402 (a)(3)-RRB- and cash (not in excess of $ 200) in lieu of
fractional shares.
This
means they have many purchases of
shares, often including
fractional shares, on many different dates, and all at different prices.
This
means that the investor purchases, say, $ 100 worth of stock «ZZZ,» and ends up with some very odd, and often
fractional, number of
shares.
Betterment, however, has its own trick up its sleeve: it buys
fractional shares of ETFs, which
means that you'll have practically no cash in your account.
Stash allows you buy a
fractional share, which
means you buy just a small part of a more expensive ETF.