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Can you buy fractional shares of ETFs from Schwab?

Most brokers allow you to buy fractional shares of ETFs. However, Schwab only allows you to buy slices of S&P 500 stocks. Make sure your broker supports fractional trading for ETFs before you sign up if you plan on buying them.

What are Charles Schwab fractional shares?

Charles Schwab fractional shares are called Schwab Stock Slices™. Schwab's fractional shares let you buy a "slice" of a stock for as little as $5. With Schwab Stock Slices, you can choose from any of the S&P 500 stocks.

Can you buy fractional shares with Schwab stock slices?

Buying fractional shares with Schwab Stock Slices lets you invest in these popular stocks with just $5 at a time. If the stocks you buy pay dividends, your fractional shares will also earn dividends -- but at a fractional rate. For example, if you own 0.5 shares of a company that pays a dividend of $1 per share, you'll receive a dividend of $0.50.

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