Vanguard Total Bond Market ETF (NASDAQ:BND) Increases Dividend to $0.22 Per Share

Vanguard Total Bond Market ETF (NASDAQ:BND) declared a monthly dividend on Tuesday, July 30th, NASDAQ reports. Shareholders of record on Thursday, August 1st will be paid a dividend of 0.2239 per share on Monday, August 5th. This represents a $2.69 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend is Thursday, August 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21.

Vanguard Total Bond Market ETF Stock Up 0.4 %

Shares of BND stock traded up $0.27 during mid-day trading on Thursday, hitting $73.57. The stock had a trading volume of 8,731,930 shares, compared to its average volume of 6,889,493. The company’s 50-day simple moving average is $72.33 and its 200-day simple moving average is $72.12. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $73.92.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.