|
Video: What is a Stock Split?
|
|
Vanguard Index Funds - Vanguard Mid-Cap ETF is an open-end management investment company. The fund offers six classes of shares: Investor Shares, Admiral Shares, Signal Shares, Institutional Shares, Institutional Plus Shares and ETF Shares. As of Dec 31 2013, the Fund's investments portfolio was valued at $46,912,242,000. According to our VO split history records, Vanguard Index Funds - Vanguard Mid-Cap ETF has had 1 split. | |
|
Vanguard Index Funds - Vanguard Mid-Cap ETF (VO) has 1 split in our VO split history database. The split for VO took place on June 11, 1992. This was a 4 for 1
split, meaning for each share of VO owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split.
When a company such as Vanguard Index Funds - Vanguard Mid-Cap 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 VO split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Vanguard Index Funds - Vanguard Mid-Cap ETF shares, starting with a $10,000 purchase of VO, presented on a split-history-adjusted basis factoring in the complete VO split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
10/10/2014 |
|
End date: |
10/08/2024 |
|
Start price/share: |
$112.17 |
|
End price/share: |
$262.58 |
|
Starting shares: |
89.15 |
|
Ending shares: |
104.80 |
|
Dividends reinvested/share: |
$28.00 |
|
Total return: |
175.18% |
|
Average Annual Total Return: |
10.65% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$27,519.12 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
10/10/2014 |
|
End date: |
10/08/2024 |
|
Start price/share: |
$112.17 |
|
End price/share: |
$262.58 |
|
Dividends collected/share: |
$28.00 |
|
Total return: |
159.06% |
|
Average Annual Total Return: |
9.98% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$25,897.05 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
06/11/1992 | 4 for 1
|
|
|