I currently own 150 shares of a security at $7.84, the closing cost of that security today is $3.56. If I were to purchase 335 shares at that price it would bring my cost average to $4.88 with a total of 485 shares. Is this something that is automatically configured once the shares are bought? Or do I need to place a certain type of order to have this happen. I've done some research on dollar-cost averaging and while I understand it, I can't seem to find an answer to this specific question.
Submitted January 19, 2017 at 12:23AM by streetcory http://ift.tt/2jaSXTp
