I just downloaded some updates from my old Merrill Lynch 401k and found out that ML sold 152 shares of Vanguard 2035 target retirement fund and rebought 134 of the same shares at a higher price the same day. This is the first stock sale/transfer that has posted to this account in 2 years.
Is there some reason I'm not aware of with these targeted retirement funds that would allow them to do this or was this a mistake on their part?
Although the actual dollar amount is the same I have lost 18 shares because they bought it back at a higher price than I paid.
Submitted September 03, 2017 at 08:32AM by Tacothechihuahua http://ift.tt/2ezzXkB