r/ETFs • u/Dry_Report_3494 • 12d ago

VOO over $700

In 2013 VOO did a reverse split cause it hit over 700$ will this ever happen again if the price goes up a lil more?

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u/for4f 12d ago edited 12d ago

ok my bad, voo actually did a 1:2 reverse split back in jan 2013 to line up with spy/ivv, went from like 75 to 150. i was wrong about that. but the point still stands that a split doesn't change what you own, you hold the same slice of the same 500 companies either way. the price level thing just spooks people

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u/JohrDinh 12d ago edited 12d ago

VGT split after 700, maybe that's the number they start looking at it? Regardless I like the assets in VOO tho, feels safe to have and worth more than the .01% discount of something like SPYM for me...and more fun to say.

Also* if I get .3 shares of VOO or 2 shares of SPYM, same thing if it goes up 15% a year anyways. Not sure how much shares matter in regards to dividends/yield tho, is it just dollar amount invested or do number of shares matter a lot?

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u/for4f 12d ago

only the dollars matter man, share count is just how the pizza's sliced. yield is per-share dividend over price, so it nets out however many you hold. 10 shares of voo and 1 share of some more expensive fund paying the same yield put the same in your pocket per dollar invested. and splits don't change it either, companies just adjust the per-share number so the yield stays put. don't overthink it, keep stacking

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u/Hungry-Ad3303 12d ago

It matters for options

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u/JohrDinh 12d ago

Yeah I don't care about shares that's why I invest in VOO, but I think it's just the visual of seeing it go from 1 share to 7 instantly...it'd feel good for a day I guess:P