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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 USIG split history records, iShares Trust - Broad USD Investment Grade Corporate Bond ETF has had 1 split. | |
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iShares Trust - Broad USD Investment Grade Corporate Bond ETF (USIG) has 1 split in our USIG split history database. The split for USIG took place on August 08, 2018. This was a 2 for 1 split, meaning for each share of USIG 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 - Broad USD Investment Grade Corporate 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 USIG 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 - Broad USD Investment Grade Corporate Bond ETF shares, starting with a $10,000 purchase of USIG, presented on a split-history-adjusted basis factoring in the complete USIG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$55.00 |
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| End price/share: |
$49.38 |
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| Starting shares: |
181.82 |
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| Ending shares: |
248.38 |
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| Dividends reinvested/share: |
$17.13 |
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| Total return: |
22.65% |
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| Average Annual Total Return: |
2.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,261.84 |
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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: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$55.00 |
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| End price/share: |
$49.38 |
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| Dividends collected/share: |
$17.13 |
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| Total return: |
20.93% |
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| Average Annual Total Return: |
1.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,094.67 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/08/2018 | 2 for 1 |
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