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Video: What is a Stock Split?
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Vanguard Mid-Cap Value ETF (the Fund) is an open-end investment management company. The Fund seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The Fund is designed to track the performance of the MSCI US Mid Cap Value Index (the Index). The Fund 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 Dec 31 2013, the Fund's investments portfolio was valued at $4,663,178,000. According to our VXF split history records, Vanguard Index Funds Mid-Cap Value Index VIPER Shs has had 1 split. | |
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Vanguard Index Funds Mid-Cap Value Index VIPER Shs (VXF) has 1 split in our VXF split history database. The split for VXF took place on June 18, 2008. This was a 2 for 1 split, meaning for each share of VXF 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 Index Funds Mid-Cap Value Index VIPER Shs 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 VXF 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 Index Funds Mid-Cap Value Index VIPER Shs shares, starting with a $10,000 purchase of VXF, presented on a split-history-adjusted basis factoring in the complete VXF split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/16/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$86.79 |
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End price/share: |
$177.39 |
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Starting shares: |
115.22 |
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Ending shares: |
132.40 |
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Dividends reinvested/share: |
$16.78 |
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Total return: |
134.86% |
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Average Annual Total Return: |
8.91% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,478.89 |
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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: |
09/16/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$86.79 |
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End price/share: |
$177.39 |
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Dividends collected/share: |
$16.78 |
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Total return: |
123.73% |
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Average Annual Total Return: |
8.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$22,381.65 |
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Years: |
10.00 |
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Date |
Ratio |
06/18/2008 | 2 for 1 |
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