Help. Finally transferring from Vanguard Single mutual funds to Vanguard Brokerage

Question

How do I stop Quicken?  I finally transitioned to VG brokerage.  I put in a Transfer in my regular VG account to transfer to a new account but I picked ALL and now it's adding each dividend to the new account.  It will take forever since the 80s.  How can I cancel it? And make one entry in the new account?

Tom Young · Answer

If You're using transfer shares between accounts action your purchase date will remain the same.

volvogirl · Answer

Guess I'll do the other 4 funds the same way.  It worked out ok.  Although does that mess up my purchase history being they all were added on today's date?

q_lurker · Answer

Should i leave them? Or try again.

I'd leave them.  Note it did not per se transfer each dividend. It transferred each lot. Those lots just happened to be associated to each dividend. Trying again won't change anything.

If you choose to simplify to a single lot being added, you lose ability to manage cap gain/losses within Quicken. That is not something I would choose to surrender, but it is a personal choice.