The iShares Government/Credit Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated government, government-related and investment-grade U.S. corporate bonds, as represented by the Barclays U.S. Government/Credit Bond Index (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. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index. As of Feb 28 2015, the Fund's total assets and investment portfolio totaled $328,473,685 and $325,793,953 respectively. We show 163 historical shares outstanding datapoints in our GBF shares outstanding history coverage, used to compute GBF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GBF market cap history over the course of time is important for investors
interested in comparing GBF'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 GBF versus a peer is one thing; comparing
GBF 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 GBF can fluctuate over the course of history.
With this page we aim to empower investors researching GBF by allowing them to research the GBF market cap history. |
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Video: The Importance of Market Cap
