Vanguard Brokerage Delays
Recently I transferred an IRA that had many individual stock holdings to Vanguard. I have been slowly selling the stocks, the money gets swept into my Vanguard MM account, and then I buy Vanguard funds.
Last Friday I ordered the sale of about a dozen different stocks, total value about $60k. It's been a full week and I'm still just showing the money as a credit for my account, but the actual cash hasn't yet made it to my MM.
That seems like a long time, previous similar transactions seemed to take a long time but not this long. Is this normal?