Published on 24 Feb 2023 on ETF.com via Yahoo Finance
Despite the shortened trading week, there was significant activity in the exchange-traded fund industry, with seven fund launches and a bevy of changes made to existing funds.
The most notable changes announced this week were that, as of March 14, Vanguard will enact 2-for-1 share splits on six of its ETFs tied to S&P indexes, essentially meaning that the number of shares for each fund will double, while the individual shares will see their prices cut in half.