A fractional share of stock, ETF, or other security is a piece of a full share.
With Bumped, you can be rewarded in fractional shares of stock, ETFs, or other securities. Bumped doesn’t charge any fees to give you those fractional shares, nor for holding or selling them. (See our fee schedule for more info.)
Other things to know about fractional shares:
- Fractional shares typically aren’t transferable. If you want to close or transfer your Bumped account, you may have to sell your fractional shares first.
- Fractional shares can’t be put into certificate form or physically mailed.
While fractional shares traditionally don’t have voting rights, owners of stock through Bumped may be able to participate in corporate elections even with only fractional shares.