Thanks for all the replies, everyone, especially Brian: I have ETF's and CEF's, as well as shares of individual stocks, so I hope TDA treats them all the same as yours, with no commission charged.
donall wrote: I don't think brokerage accounts hold fractional shares so I'm not sure why you are worried about fractional shares. Is this a DRIP?
TDA does indeed hold my fractional shares, for instance I have 21.391 share of DIA and yes, that is the result of dividend reinvestment.
I recently transferred "in kind" shares from various DRIP plans (Computershare, JP Morgan, etc) to Vanguard Brokerage Services.
Any fractional shares left over after totalling all of the lots were liquidated, and commission & fees were charged by the DRIP plans.
For example, 300.567 shares of Company ABC of various lots were transferred; the 0.567 shares were sold by the plan, and the resulting fees and commission completely ate up the proceeds
300 shares showed up at VBS
Don't forget to keep records of your cost basis - that information doesn't always transfer correctly to the new brokerage, if at all.
Raymond, were all of your various shares transferred from the same brokerage account? If so, can you tell us which brokerage?
And, I agree with AAA, at this point in time there should be no problems handling fractions.