Investment price keeps getting reset to $1

hurwi
hurwi Quicken Mac Other Mac Beta Beta

I have shares of a REIT in my Morgan Stanley brokerage. The ticker is listed as BDQ31, which I don't believe is a valid ticker, yet for some reason, every day when I update my accounts, the value of the stock is set to $1, and I have to go into "Edit Security" and remove the entry for "Price History" for today's date. All previous price history line items are set by transactions downloaded from Morgan Stanley when the REIT was actually purchased (price was about $20/share)

Anyone seen anything similar? I'm trying to figure out why it's setting it to $1 every day and if there's a way to stop it.

Answers

  • MontanaKarl
    MontanaKarl Quicken Mac Subscription Member, SuperUser, Mac Beta Beta
    edited January 24

    Yes BDQ31 seems a bad 'un. But that's what MS lists on your brokerage holdings page? What's the full name of the REIT? The ticker you use makes me wonder if it is not a REIT but rather a REIT target date fund…

    Quicken user since 1990, MacBook Pro M2 Max on Sequoia 15.3.1 (and Win 11 under Parallels Desktop)

  • jacobs
    jacobs Quicken Mac Subscription SuperUser, Mac Beta Beta

    What if you were to change the security symbol to something that is definitely not a security symbol (e.g. ZZZZZZZ or MYREIT).

    Quicken Mac Subscription • Quicken user since 1993
  • hurwi
    hurwi Quicken Mac Other Mac Beta Beta

    Tried that - any update to the security in Quicken doesn't seem to work. However, I tried deleting all the transactions and securities in Quicken and recreating by hand to see if that may work. Will give it a couple of days to find out.