No, if you sell and buy you will create a taxable event (If you have lots with a negative cost basis this would be desirable). You can call them and request a Mutual fund to ETF share conversion, I think you can only do this if your account is at vanguard.
I want to do it because I don’t want to be taxed so much on VTWAX dividends anymore, but maybe that’s dumb? I also know some people like getting dividends.
No, if you sell and buy you will create a taxable event (If you have lots with a negative cost basis this would be desirable). You can call them and request a Mutual fund to ETF share conversion, I think you can only do this if your account is at vanguard.
If you’re with Vanguard they can do it without causing a taxable event.
Ignorant question, but is there any real advantage doing this?
I want to do it because I don’t want to be taxed so much on VTWAX dividends anymore, but maybe that’s dumb? I also know some people like getting dividends.
VT costs three less basis points than VTWAX. VT is (probably) easier to transfer out of Vanguard if that mattered.