BlackRock (BLK) is making its popular iShares ETFs more accessible to everyday investors. On April 29, 2026, the firm carried out stock splits on two of its widely held funds, the iShares Russell 1000 Growth ETF (IWF) and the iShares Core High Dividend ETF (HDV), lowering their share prices by up to 80% without changing the underlying value.
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For investors who were hesitant due to higher entry prices, this move makes it easier to gain exposure to these well-known portfolios at a lower cost per share, even though the overall value of the funds remains unchanged.
iShares Russell 1000 Growth ETF (IWF)
The iShares Russell 1000 Growth ETF (IWF) focuses on large U.S. companies with strong growth potential. After its 4-for-1 split, the share price dropped from around $480 to about $120, making it more accessible to investors.
While IWF is primarily a growth-focused fund, it still offers a modest dividend yield of 1.16%. With over $125.59 billion in assets, it provides scale, liquidity, and broad exposure to leading U.S. companies.
Wall Street analysts see about 21% upside for the IWF fund, with a price target near $146. The fund has delivered a strong 28.15% return over the past year, supported by gains in growth sectors like technology.
iShares Core High Dividend ETF (HDV)
The iShares Core High Dividend ETF (HDV) targets stable U.S. companies with strong dividend payouts. Its 5-for-1 split reduced the share price from about $136 to roughly $27, lowering the entry point for income-focused investors.
The fund offers a high dividend yield of 12.09%, making it attractive for those seeking regular income. HDV also stands out for its low expense ratio of 0.08% and manages about $13.52 billion in assets, offering a cost-efficient way to invest in dividend-paying stocks.
Wall Street analysts expect around 14% upside for the HDV fund, with a price target near $31.
What This Means for Investors
Stock splits do not change the value of an ETF, but they can make it easier for investors to build positions. With lower share prices, both IWF and HDV are now more accessible, offering exposure to growth and income strategies in a simple way.