Vanguard fund sale and purchase not downloading the settlement fund transaction

Scotsaver
Scotsaver Quicken Windows Subscription Member ✭✭
edited 6:37AM in Registers & Transactions (Windows)

Last week I had 2 seperate transactions - one selling and one buying VUSXX. In both cases, the fund sales and purchases in VUSXX were added correctly as bought and sold respectively. But for both transaction there was no corresponding transaction for the settlement fund. So now I'm showing a large amount of cash. Any advice welcomed

Comments

  • Tom Young
    Tom Young Quicken Windows Subscription SuperUser ✭✭✭✭✭

    I have a few very low activity Vanguard Quicken Accounts, but I've never had anything called a "settlement fund." Is this some sort of "sweep" process you're referring to, where Vanguard converts the settlement fund to cash and and coverts cash to the settlement fund on an "as needed basis?"

    If it is, then what you're describing would suggest to me that the settlement fund used to be considered a "security" - you would see this as a line item in the Holdings - but now is considered as "cash" and is simply folded into any actual cash in the Account. But maybe that settlement fund is something different?

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