I invest in a long term treasury ETF. I have only been buying this and never sold any shares. I looked into the entire transaction history. There are three categories of transactions:
- Buy: These are my manual orders.
- Reinvest Dividend: always a positive number, eg
- Reinvest Shares: always paired and inverse of the reinvest dividend, eg
For security reasons, I will provide approximate numbers. These are the sums of those transactions:
- Reinvest Dividend:
- Reinvest Shares:
- Cost Basis:
$14,000(listed on my account summary page)
Why is my cost basis lower than all my purchases + reinvested dividends?
14,000 < 15,050. I thought they should be exactly the same amount. I have nearly 20 other ETF's (both equity and bonds) where the math lines up.