The iShares Core Dividend Growth ETF (the “Fund”) is an open-end management investment company. The Fund seeks to track the investment results of an index composed of U.S. equities with a history of consistently growing dividends, as represented by the Morningstar® U.S. Dividend Growth IndexSM (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. As of Apr 30 2015, the Fund's total assets totaled $168,798,843 and investment portfolio totaled $168,553,634. We show 3 historical shares outstanding datapoints in our DGRO shares outstanding history coverage, used to compute DGRO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DGRO market cap history over the course of time is important for investors
interested in comparing DGRO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DGRO versus a peer is one thing; comparing
DGRO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DGRO can fluctuate over the course of history.
With this page we aim to empower investors researching DGRO by allowing them to research the DGRO market cap history. |
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Video: The Importance of Market Cap
