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Broadcom Completed Its 10-for-1 Stock Split but Is Still the Largest Holding in These 2 Vanguard ETFs
AVGOBroadcom(AVGO) The Motley Fool·2024-07-21 11:14

These ETFs have lower price-to-earnings ratios and higher yields than the S&P 500.The anticipated 10-for-1 split of Broadcom (AVGO -1.98%) has officially arrived. Investors can now buy a full share for around $171 instead of $1,710, although there are now 10 times more shares. Stock splits can affect price-weighted indexes like the Dow Jones Industrial Average but don't alter market-cap-weighted indexes like the S&P 500 or Nasdaq Composite or market-cap-weighted exchange-traded funds (ETFs).Broadcom remains ...