livesoft wrote:Volume of VBR today is > 75,000 shares so far.
1. I would not trade more than 5,000 shares at a time. Less than that has been OK for me, but sometimes I break that into smaller orders. I use real-time Level II quotes to see the order book and make a decision based on the number of shares offered for the top 2 to 10 bids or asks.
2. For VBR, VSS, VNQ, VCSH, BIV, VTI, VEU, VWO ... I am not concerned about liquidity.
3. I have written other posts which show how I submit ETF orders. Also, I stopped using VBS as a broker since they are deficient.
Thanks livesoft (I was hoping to get a reply from you too!)
Looking at Yahoo chart for today which groups trades (per minute?), I see 0 times when an order would be 5k shares or larger and only few cases where number of shares sold was near 1k. (If you happen to have pointers to your best other post(s) in how you place those orders, that would be great...)
Also, I see that volume was much lower in 2011/2012 than it is these days (according to google finance site)