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 Video: What is a Stock Split?
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| Schwab U.S. Tips is an open-end management investment company. The Fund seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Barclays U.S. Treasury Inflation Protected Securities Index, Series-L (the index). To pursue this investment objective, the Fund seeks to match the price and yield performance of the index by generally investing in all of the securities in approximately the same weight as represented by the index. As of Dec 31 2013, the Fund's total assets were $407,069,277 and the Fund's investment portfolio was valued at $397,654,112. According to our SCHP split history records, Schwab Strategic Trust - US Tips ETF has had 1 split. | |
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Schwab Strategic Trust - US Tips ETF (SCHP) has 1 split in our SCHP split history database. The split for SCHP took place on October 11, 2024. This was a 2 for 1 split, meaning for each share of SCHP 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 Schwab Strategic Trust - US Tips 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 SCHP 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 Schwab Strategic Trust - US Tips ETF shares, starting with a $10,000 purchase of SCHP, presented on a split-history-adjusted basis factoring in the complete SCHP split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$27.22 |
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| End price/share: |
$26.37 |
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| Starting shares: |
367.38 |
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| Ending shares: |
471.38 |
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| Dividends reinvested/share: |
$7.03 |
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| Total return: |
24.30% |
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| Average Annual Total Return: |
2.20% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,431.82 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$27.22 |
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| End price/share: |
$26.37 |
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| Dividends collected/share: |
$7.03 |
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| Total return: |
22.69% |
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| Average Annual Total Return: |
2.07% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,274.55 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/11/2024 | 2 for 1 |
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