Vanguard Total Bond Market ETF (NASDAQ:BND) Increases Dividend to $0.23 Per Share

Vanguard Total Bond Market ETF (NASDAQ:BND) declared a monthly dividend on Wednesday, October 30th, NASDAQ reports. Investors of record on Friday, November 1st will be given a dividend of 0.2276 per share on Tuesday, November 5th. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND traded down $0.51 on Friday, reaching $72.54. 6,409,656 shares of the company’s stock traded hands, compared to its average volume of 6,545,016. Vanguard Total Bond Market ETF has a 12 month low of $69.22 and a 12 month high of $75.67. The stock has a 50-day simple moving average of $74.45 and a 200-day simple moving average of $73.05.

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.