Vanguard ETF price drops after 6-for-1 split
The Vanguard S&P 500 Growth ETF tracks the S&P 500 Growth Index, comprising 146 S&P 500 members that meet specific growth criteria.
The ETF’s price tag decreased after a 6-for-1 split in April, making it more accessible to new investors.
With a closing price of $81.15 on June 12, $500 can buy more than six shares, providing an affordable entry point.
The ETF is market-cap-weighted, focusing on momentum, earnings change, and top-line growth.