If you login to your Vanguard account in the evening, be aware that prices for non-Vanguard mutual funds
may be stale.
"Here’s Vanguard’s explanation.
They aim to provide pricing data as accurately and quickly as possible, but prices come from different sources.
Vanguard calculates NAVs for its own funds.
Prices for third-party mutual funds come from an external provider—and there’s clearly a lag."
"In other words, if Vanguard doesn’t yet have today’s price at 8 p.m., it shows yesterday’s price.
But how is an investor supposed to know which price is being shown?
To make matters worse—as you can see in the screenshot above—when I checked the next morning,
the price had changed, but the timestamp hadn’t."
https://www.independentvanguardadviser.com/weekly-brief-when-safe-havens-shake-and-indexes-concentrate
Comments
https://www.independentvanguardadviser.com/weekly-brief-when-safe-havens-shake-and-indexes-concentrate/
Evening:
Next morning:
Stale prices on third party funds is a universal problem. I recently posted that while Fidelity was reporting old prices late into the evening, M* had the updated prices on each fund's page. And one could tell because M* updates the date of the price it is showing as it gets the current data.
Ambiguous prices/dates on house funds is another matter. Each fund family should be publishing updated and correctly timestamped prices as soon as they're available.
Thanks for the corrected link and your comments.
I usually verify links (now fixed) but neglected to do so in this case.
I've previously noticed stale mutual fund prices on both Fidelity and Vanguard at times.
The author—Jeff DeMaso—indicates that Vanguard lists stale prices for non-Vanguard funds
daily based on his recent observations.