State Street Global Advisors announces ETF share split

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State Street Global Advisors announced the share split of the SPDR® Barclays International Treasury Bond ETF (BWX). Splits increase the number of shares outstanding and decrease the funds’ share price. The aggregate market value of shares outstanding is not impacted…

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The fund’s stock split is effective after the close of business on September 28, 2016. On September 29, 2016, the fund’s shares will begin trading on a split-adjusted basis, as noted below:
 
Ticker Name

Current Price as of
09/09/16

 Split Est. Post-Split Price
BWX  

SPDR® Barclays International
Treasury Bond ETF

   $57.20   2:1   $28.60

 

“We are always evaluating our product line-up and exploring ways to strengthen our SPDR ETF offerings to provide the best solutions for our clients,” said Nick Good, co-head of the Global SPDR business at State Street Global Advisors. “This share split should broaden the appeal of this fund to a larger set of investors due to the lower per share price.”

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)

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