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 Video: What is a Stock Split?
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| iShares Core U.S. Credit Bond ETF (the “Fund”) (formerly the iShares Credit Bond ETF) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate, sovereign, supranational, local authority and non-U.S. agency bonds, as represented by the Barclays U.S. Credit Bond Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. As of Feb 28 2015, the Fund's total assets were $1,165,142,235 and the Fund's investment portfolio was valued at $1,152,129,380. According to our CRED split history records, Columbia Etf Trust I Columbia Research Enhanced RE has had 3 splits. | |
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Columbia Etf Trust I Columbia Research Enhanced RE (CRED) has 3 splits in our CRED split history database. The first split for CRED took place on March 31, 2003. This was a 120 for 100 split, meaning for each 100 shares of CRED owned pre-split, the shareholder now owned 120 shares. For example, a 1000 share position pre-split, became a 1200 share position following the split. CRED's second split took place on April 21, 2004. This was a 3 for 2 split, meaning for each 2 shares of CRED owned pre-split, the shareholder now owned 3 shares. For example, a 1200 share position pre-split, became a 1800 share position following the split. CRED's third split took place on October 12, 2005. This was a 3 for 2 split, meaning for each 2 shares of CRED owned pre-split, the shareholder now owned 3 shares. For example, a 1800 share position pre-split, became a 2700 share position following the split.
When a company such as Columbia Etf Trust I Columbia Research Enhanced RE splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the CRED split history from start to finish, an original position size of 1000 shares would have turned into 2700 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Columbia Etf Trust I Columbia Research Enhanced RE shares, starting with a $10,000 purchase of CRED, presented on a split-history-adjusted basis factoring in the complete CRED split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/26/2023 |
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| End date: |
02/10/2025 |
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| Start price/share: |
$19.61 |
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| End price/share: |
$21.66 |
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| Starting shares: |
510.02 |
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| Ending shares: |
544.85 |
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| Dividends reinvested/share: |
$1.41 |
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| Total return: |
18.00% |
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| Average Annual Total Return: |
9.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,800.65 |
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| Years: |
1.80 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/26/2023 |
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| End date: |
02/10/2025 |
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| Start price/share: |
$19.61 |
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| End price/share: |
$21.66 |
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| Dividends collected/share: |
$1.41 |
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| Total return: |
17.67% |
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| Average Annual Total Return: |
9.47% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,765.86 |
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| Years: |
1.80 |
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| Date |
Ratio |
| 03/31/2003 | 120 for 100 | | 04/21/2004 | 3 for 2 | | 10/12/2005 | 3 for 2 |
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