VanEck Intermediate Muni ETF (ITM) Stock Split History

VanEck Intermediate Muni ETF has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 24, 2008 with the ratio of 5-for-1, meaning that for 1 share of ITM owned pre-split, shareholders then owned 5 shares. The most recent stock split took place on October 26, 2018 on a 1-for-2 basis.

These actions have increased ITM stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on VanEck Intermediate Muni ETF's total market capitalization.

For more detailed information of VanEck Intermediate Muni ETF's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. VanEck Intermediate Muni ETF has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when ITM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by VanEck Intermediate Muni ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.