Extra Decimals After Fund-to-ETF Conversion

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System
System Member admin
in Investing (Windows)
This discussion was created from comments split from: Decimal places for shares, change the default.

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  • smess
    smess Quicken Windows Subscription Member ✭✭

    What I cannot figure out is how the extra decimals are created. I recently did a tax free mutual fund to ETF conversion and after performing a stock for stock transaction in quicken, went through line by line to edit the number of shares (adjusting the average price) in order to match the broker, which is exactly 4 decimal places. I have tracked this separately in Excel and confirmed that the four decimal lots shares add up to a number that is exactly 4 decimals (i.e. if there were a 5th decimal, it would be "0"). However, Quicken maintains these extra decimals that don't come from the addition of the individual lots in total…perplexing

    Quicken Shares.png
  • CaliQkn
    CaliQkn Quicken Windows Subscription Member ✭✭✭✭

    @smess - I have found that stock splits can cause share rounding issues.

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