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 Video: What is a Stock Split?
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| Vanguard S&P Mid-Cap 400 Growth (the Fund) is an open-end management investment company. The Fund seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization growth stocks in the United States. The index measures the performance of growth stocks of medium-size U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. As of Aug 31 2013, the Fund's investments portfolio was valued at $224,436,000. According to our IVOG split history records, Vanguard Admiral Funds - Vanguard S&P Mid-Cap 400 Growth ETF has had 1 split. | |
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Vanguard Admiral Funds - Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has 1 split in our IVOG split history database. The split for IVOG took place on March 14, 2023. This was a 2 for 1 split, meaning for each share of IVOG 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 Vanguard Admiral Funds - Vanguard S&P Mid-Cap 400 Growth 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 IVOG 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 Vanguard Admiral Funds - Vanguard S&P Mid-Cap 400 Growth ETF shares, starting with a $10,000 purchase of IVOG, presented on a split-history-adjusted basis factoring in the complete IVOG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$45.04 |
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| End price/share: |
$93.78 |
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| Starting shares: |
222.02 |
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| Ending shares: |
242.58 |
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| Dividends reinvested/share: |
$5.92 |
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| Total return: |
127.49% |
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| Average Annual Total Return: |
8.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,745.88 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$45.04 |
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| End price/share: |
$93.78 |
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| Dividends collected/share: |
$5.92 |
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| Total return: |
121.36% |
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| Average Annual Total Return: |
8.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,145.89 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 03/14/2023 | 2 for 1 |
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