Wellington and Wellesley on May 16th [Incorrect price quote]

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
pshonore
Posts: 6422
Joined: Sun Jun 28, 2009 2:21 pm

Wellington and Wellesley on May 16th [Incorrect price quote]

Post by pshonore » Wed May 16, 2018 5:18 pm

Title says it all. Seems a bit early for the quarterly distribution??

User avatar
SpringMan
Posts: 5361
Joined: Wed Mar 21, 2007 11:32 am
Location: Michigan

Wellington and Wellesley on May 16th

Post by SpringMan » Wed May 16, 2018 5:21 pm

My first thought was a dividend was paid but that does not appear to be the case. Wellesley is down almost 3% today. Wellington is down over 1.5%. Any explanations?
Best Wishes, SpringMan

Eric76
Posts: 149
Joined: Fri Nov 07, 2014 4:02 am

Re: Wellesley off 3% today

Post by Eric76 » Wed May 16, 2018 5:21 pm

[Thread merged into here, see below. --admin LadyGeek]

Weird.

User avatar
SpringMan
Posts: 5361
Joined: Wed Mar 21, 2007 11:32 am
Location: Michigan

Re: Wellesley off 3% today

Post by SpringMan » Wed May 16, 2018 5:26 pm

My worse performing fund today VWIAX. VWENX was my second worse performing fund. No distribution is due until June.
Best Wishes, SpringMan

Oregon Beancounter
Posts: 1
Joined: Wed May 16, 2018 5:35 pm

Re: Wellesley off 3% today

Post by Oregon Beancounter » Wed May 16, 2018 5:38 pm

This just doesn't make any sense....why would Wellesley be down 3%? I don't see any headlines with the bond market being bad....what gives?

User avatar
SpringMan
Posts: 5361
Joined: Wed Mar 21, 2007 11:32 am
Location: Michigan

Re: Wellington and Wellesley on May 16th

Post by SpringMan » Wed May 16, 2018 5:39 pm

Vanguard says it is incorrect and will be updated later tonight.
Best Wishes, SpringMan

sonosoldi3112
Posts: 46
Joined: Fri Sep 17, 2010 8:40 pm

Re: Wellesley off 3% today

Post by sonosoldi3112 » Wed May 16, 2018 5:41 pm

I am confused also as I choose VWIAX for safety ... and with regard to Wellington ... this was an 'UP" day in market so it should be also up . I would think .. .. may be a glitch or just a small blip in the big scheme of things.

User avatar
SpringMan
Posts: 5361
Joined: Wed Mar 21, 2007 11:32 am
Location: Michigan

Re: Wellesley off 3% today

Post by SpringMan » Wed May 16, 2018 5:41 pm

Vanguard said it was incorrect and will be corrected later tonight.
Best Wishes, SpringMan

sonosoldi3112
Posts: 46
Joined: Fri Sep 17, 2010 8:40 pm

Re: Wellington and Wellesley on May 16th

Post by sonosoldi3112 » Wed May 16, 2018 5:42 pm

THANK YOU ! :happy

mortfree
Posts: 1298
Joined: Mon Sep 12, 2016 7:06 pm

Re: Wellesley off 3% today

Post by mortfree » Wed May 16, 2018 5:58 pm

26.09 for VWINX. I think

Edit. That might be May 15 closing price.

Oh well
Last edited by mortfree on Wed May 16, 2018 6:08 pm, edited 1 time in total.

Grasshopper
Posts: 913
Joined: Sat Oct 09, 2010 3:52 pm

Re: Wellesley off 3% today

Post by Grasshopper » Wed May 16, 2018 6:00 pm

I have VWENX at $71.83.

Grasshopper
Posts: 913
Joined: Sat Oct 09, 2010 3:52 pm

Re: Wellington and Wellesley on May 16th

Post by Grasshopper » Wed May 16, 2018 6:03 pm

I have VWENX at $71.83.

pshonore
Posts: 6422
Joined: Sun Jun 28, 2009 2:21 pm

Re: Wellesley off 3% today

Post by pshonore » Wed May 16, 2018 6:16 pm

Quote (via Fido) has been corrected to 26.08 (off .01 for the day)

User avatar
LadyGeek
Site Admin
Posts: 48595
Joined: Sat Dec 20, 2008 5:34 pm
Location: Philadelphia
Contact:

Re: Wellington and Wellesley on May 16th [Incorrect price quote]

Post by LadyGeek » Wed May 16, 2018 6:20 pm

I merged Eric76's thread into here. The combined thread is in the Investing - Theory, News & General forum (news). I also retitled the thread.

Oregon Beancounter, Welcome!
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

User avatar
Rainier
Posts: 1357
Joined: Thu Jun 14, 2012 5:59 am

Re: Wellington and Wellesley on May 16th [Incorrect price quote]

Post by Rainier » Wed May 16, 2018 7:01 pm

How is this possible to mis quote the NAV?

What if you bought our sold today?

RobLIC
Posts: 53
Joined: Fri Aug 22, 2014 10:02 am

Re: Wellington and Wellesley on May 16th [Incorrect price quote]

Post by RobLIC » Wed May 16, 2018 7:05 pm

Global Wellington was incorrect this evening also. They updated it to the correct amount around 8 p.m. eastern. Definitely not a distribution, but clearly something was screwy.

User avatar
ReformedSpender
Posts: 196
Joined: Fri Mar 16, 2018 1:24 pm
Location: Stone's Throw from Vanguard

Re: Wellington and Wellesley on May 16th [Incorrect price quote]

Post by ReformedSpender » Thu May 17, 2018 7:09 am

Anyone place an order to buy either Wellington and/or Wellesley the past two days and honored the 'incorrect' price?

:beer
Market history shows that when there's economic blue sky, future returns are low, and when the economy is on the skids, future returns are high. The best fishing is done in the most stormy waters.

Post Reply