I'm looking at one of the commission free ETFs in Ameritrade, SPDW and it's showing a $4 spread between the bid and ask prices, meaning I can't buy it for the current price; I must pay a $4/share premium.
See this screenshot.
What's going on here? It's not a terribly rare fund, already has over a billion in net asset value. Could it be because I'm checking it on the weekend and Ameritrade thinks I want an after-hours purchase?
Submitted December 02, 2017 at 12:07PM by remove http://ift.tt/2BDjoLf