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> And is this something that exists outside of Robinhood? Yes, it exists in every other broker. RH is just slow

• zymhan 7y ago
  AFAIK Vanguard doesn't offer anything like this, unless you're buying into a mutual fund.
  • sdinsn 7y ago
    Vanguard has fractional shares because it supports DRIPs. (Robinhood does not support DRIPs.)
    • skookum 7y ago
      Isn't this only for mutual funds? AFAIK, Schwab is the only major old-school brokerage that currently offers fractional shares.
      • mrep 7y ago
        I'm not sure if you can buy fractional shares outright but all of my ETFs in vanguard contain partial shares as they are all set up to reinvest dividends.
      • sdinsn 7y ago
        > Isn't this only for mutual funds? No.
    • mrep 7y ago
      But Robinhood will next year according to the announcement: Starting early next year, we’ll support Dividend Reinvestment Plan (DRIP) and Recurring Investments. Automatically reinvest cash dividends back into your stocks and ETFs, and schedule recurring investments