Yahoo finance guessing at closing prices?
Well this amuses me a little.
At this moment, Yahoo finance says that today's closing price for VFIAX is $326.29. However, Vanguard has not, at this moment, published a closing price for VFIAX for today; their website still shows Friday's close (of $321.02).
How does Yahoo know before Vanguard?
Sure, they can guess based on the price movement in the S&P500 (and apparently they guessed correctly because Vanguard's site just updated). But that could be wrong on dates around dividend distributions unless they're clever (and I can never figure out which day a Vanguard dividend is going to be paid anyway - it seems they don't announce these dates ahead of time).
Or maybe Vanguard tells Yahoo before Vanguard updates their own webpage that I see? (This probably has to be the explanation.)
Anyway, it was my entertainment for the afternoon.
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"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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