Forward splits, such as the ones planned by WisdomTree, increase the investors’ number of shares in the fund while decreasing the share price, but do not affect the value of the investment.
The WisdomTree U.S. MidCap Dividend Fund (NYSEARCA: DON), which currently trades around $100, will also be split 3-for-1.
WisdomTree will also split 3-for-1 two of its earnings-weighted ETFs, the WisdomTree U.S. Earnings 500 Fund (NSYEARCA: EPS) and the WisdomTree U.S. Total Earnings Fund (NYSEARCA: EXT).
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