[sdinsn]

> And is this something that exists outside of Robinhood?

Yes, it exists in every other broker. RH is just slow

[zymhan]

AFAIK Vanguard doesn't offer anything like this, unless you're buying into a mutual fund.

[sdinsn]

Vanguard has fractional shares because it supports DRIPs. (Robinhood does not support DRIPs.)

[mrep]

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

[skookum]

Isn't this only for mutual funds? AFAIK, Schwab is the only major old-school brokerage that currently offers fractional shares.

[mrep]

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]

> Isn't this only for mutual funds?

No.