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Video: What is a Stock Split?
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iShares International Treasury Bond is an open-end management investment company. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex U.S. (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States. As of Oct 31 2015, the Fund's total assets were $488,338,686 and the Fund's investment portfolio was valued at $467,886,120. According to our IGOV split history records, iShares Trust - iShares International Treasury Bond ETF has had 1 split. | |
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iShares Trust - iShares International Treasury Bond ETF (IGOV) has 1 split in our IGOV split history database. The split for IGOV took place on August 31, 2017. This was a 2 for 1 split, meaning for each share of IGOV owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as iShares Trust - iShares International Treasury Bond ETF 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 IGOV split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into iShares Trust - iShares International Treasury Bond ETF shares, starting with a $10,000 purchase of IGOV, presented on a split-history-adjusted basis factoring in the complete IGOV split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$51.91 |
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End price/share: |
$38.35 |
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Starting shares: |
192.64 |
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Ending shares: |
198.51 |
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Dividends reinvested/share: |
$1.45 |
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Total return: |
-23.87% |
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Average Annual Total Return: |
-2.69% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,613.33 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$51.91 |
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End price/share: |
$38.35 |
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Dividends collected/share: |
$1.45 |
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Total return: |
-23.33% |
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Average Annual Total Return: |
-2.62% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,668.28 |
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Years: |
10.00 |
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Date |
Ratio |
08/31/2017 | 2 for 1 |
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