Question about selling an index fund
I sold partial shares of a vanguard index fund earlier today. It said I’d get the price after market closed as index funds generally update around 4 or 5 pm. A few minutes after I submitted the sale I had the funds available for trading, but my share count stayed the same. This was around noon, and I still have the cash in my account as well as the shares. Did they simply give it to me at yesterdays closing price? Or is it a "good faith" credit where it can adjust + or – after close tonight based on the price. Thanks in advance for answering what is probably a dumb question.
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June 10, 2021 at 01:40PM