Vanguard announces share split for six equity ETFs

Vanguard today announced plans to execute forward share splits for six equity ETFs. The share split is effective on March 14, 2023 and will widen access and availability for investors.

Vanguard periodically and diligently assesses its ETF lineup to determine when and where share splits would most benefit investor outcomes. A number of factors are considered, including ETF market price, bid-ask spread, and trading volume. These six ETFs meet Vanguard's rigorous standards for executing a share split at this time.

The following funds will undergo a 2-for-1 share split:

All investors who own shares as of the close of trading on March 13, 2023 will have their shares included in the share split. The shares are expected to start trading at the new split-adjusted price beginning March 14. Importantly, forward share splits have no impact on the market value of an investor's holdings of the ETF nor do they trigger any tax consequences.

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