Split History
ETFs Holding ITM »    ITM Historical Stock Prices »
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Market Vectors Intermediate Municipal Index ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclays AMT-Free Intermediate Continuous Municipal Index. The fund normally invests at least 80% of its total assets in fixed income securities that comprise the Intermediate Index. The Intermediate Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated intermediate term tax-exempt bond market. As of Apr 30 2013, the Fund's total assets were $747,975,080 and its investment portfolio was valued at $736,588,598. According to our ITM split history records, Vaneck Etf Trust Vaneck Intermediate Muni Etf has had 2 splits.
ITM split history picture
Vaneck Etf Trust Vaneck Intermediate Muni Etf (ITM) has 2 splits in our ITM split history database. The first split for ITM took place on October 24, 2008. This was a 5 for 1 split, meaning for each share of ITM owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 5000 share position following the split. ITM's second split took place on October 26, 2018. This was a 1 for 2 reverse split, meaning for each 2 shares of ITM owned pre-split, the shareholder now owned 1 share. For example, a 5000 share position pre-split, became a 2500 share position following the split.

When a company such as Vaneck Etf Trust Vaneck Intermediate Muni 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. When a company such as Vaneck Etf Trust Vaneck Intermediate Muni Etf conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the ITM split history from start to finish, an original position size of 1000 shares would have turned into 2500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Vaneck Etf Trust Vaneck Intermediate Muni Etf shares, starting with a $10,000 purchase of ITM, presented on a split-history-adjusted basis factoring in the complete ITM split history. ITM split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 10/04/2012
End date: 09/30/2022
Start price/share: $47.42
End price/share: $43.54
Starting shares: 210.88
Ending shares: 263.25
Dividends reinvested/share: $10.64
Total return: 14.62%
Average Annual Total Return: 1.37%
Starting investment: $10,000.00
Ending investment: $11,456.77
Years: 9.99
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 10/04/2012
End date: 09/30/2022
Start price/share: $47.42
End price/share: $43.54
Dividends collected/share: $10.64
Total return: 14.25%
Average Annual Total Return: 1.34%
Starting investment: $10,000.00
Ending investment: $11,422.92
Years: 9.99
Date Ratio
10/24/20085 for 1
10/26/20181 for 2
ITM is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

ITOT Split History
ITR Split History
ITUB Split History
IUSB Split History
IUSG Split History
IUSV Split History
IVR Split History
IVW Split History
IWM Split History
IWN Split History

Also explore: ITM shares outstanding history

Email EnvelopeFree ITM Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

American Virtual Cloud Technologies, Inc. (AVCT)
Avenue Therapeutics, Inc. (ATXI)
Annaly Capital Management, Inc. (NLY)
CohBar, Inc. (CWBR)
TOP Ships Inc. (TOPS)
Sonnet BioTherapeutics Holdings, Inc. (SONN)
Nabriva Therapeutics plc (NBRV)
NeuroBo Pharmaceuticals, Inc. (NRBO)
First Wave BioPharma, Inc. (FWBI)
Palatin Technologies, Inc. (PTIN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

ITM Split History | www.SplitHistory.com | Copyright © 2013 - 2022, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.