|Free Dividend Report|
|NLR Dividend History|
|NLR Stock Split History|
|Preferred Stock Newsletter|
|NLR Options Chain|
|Stock Message Boards|
VanEck ETF Trust - Uranium + Nuclear Energy ETF (NLR) has 1 split in our NLR split history database. The split for NLR took place on July 01, 2013. This was a 1 for 3 reverse split, meaning for each 3 shares of NLR owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split.
When a company such as VanEck ETF Trust - Uranium + Nuclear Energy ETF conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the NLR split history from start to finish, an original position size of 1000 shares would have turned into 333.333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into VanEck ETF Trust - Uranium + Nuclear Energy ETF shares, starting with a $10,000 purchase of NLR, presented on a split-history-adjusted basis factoring in the complete NLR split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||4.50%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||3.98%|
|About VanEck ETF Trust - Uranium + Nuclear Energy ETF|
|Market Vectors Uranium+Nuclear Energy ETF is an open-end management investment company. The Fund seeks to replicate the price and yield performance of the DAXglobal Nuclear Energy Index (DXNE or the Index) by investing in a portfolio of securities that generally replicates DXNE. DXNE, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies worldwide that are engaged in the nuclear energy industry. As of Dec 31 2013, the Fund's total assets were $85,630,956 and its investment portfolio was valued at $77,828,439. According to our NLR split history records, VanEck ETF Trust - Uranium + Nuclear Energy ETF has had 1 split.|
|NLR Split History Table|
|07/01/2013||1 for 3|
|Financials Stock Splits|
|NLR is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: NLR shares outstanding history