On April 21st, these Vanguard ETFs are doing a stock split.

On April 21st, these Vanguard ETFs are doing a stock split. If you look at these prices on the left to these prices on the right, you'll notice a big difference. So, for example, the Vanguard Growth ETF $VUG will go from $445 a share right now to roughly $74 a share, but the value didn't drop. These are called forward stock splits, and here are the corresponding split amounts. So how does this work? Imagine a share of the ticker symbol $VUG being a huge pizza, and that pizza costs $445. Not many people with smaller accounts can afford a $445 pizza, so to make it more accessible, they are cutting it into six different slices and selling each slice for a lot less. It's the same pizza, it's just in slices now. This is part of Vanguard's whole identity, which is to democratize investing, so keeping the share prices affordable aligns with that mission. The bottom line is that it's the same investment, lower prices per share, zero tax consequences. Nothing changed except for the price tag. If you currently hold these existing ETFs after April 21st, you will just magically own a lot more shares of them, but the value will be the same.