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On the contrary, acquiring an ETF is like ordering a custom loaf; it’s traded on the stock exchange, meaning you must buy shares at their current market price. This scenario can lead to an unusual cash balance in your investment account because ETFs are traded like individual stocks. While newer apps have addressed this by allowing fractional shares of ETFs, many investment platforms, like Vanguard, still do not provide this option. Understanding this distinction is essential for efficient investing.