Vanguard Total Bond Market ETF (NASDAQ:BND) to Issue Dividend Increase – $0.25 Per Share

Vanguard Total Bond Market ETF (NASDAQ:BND) declared a monthly dividend on Tuesday, December 16th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.2466 per share on Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Thursday, December 18th. This is a 3.4% increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24.

Vanguard Total Bond Market ETF Price Performance

BND traded down $0.09 on Thursday, reaching $74.15. The stock had a trading volume of 6,933,803 shares, compared to its average volume of 6,995,715. The firm has a 50-day moving average of $74.51 and a 200-day moving average of $73.85. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.15.

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.