Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Announces Dividend Increase – $0.29 Per Share

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) declared a monthly dividend on Wednesday, February 4th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.2913 per share on Wednesday, November 4th. This represents a $3.50 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, November 2nd. This is a 4.1% increase from Vanguard Intermediate-Term Bond ETF’s previous monthly dividend of $0.2797.

Vanguard Intermediate-Term Bond ETF Stock Up 0.4%

NYSEARCA BIV opened at $74.39 on Friday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $72.31 and a 52 week high of $79.08. The firm’s 50-day simple moving average is $73.95 and its two-hundred day simple moving average is $76.18.

About Vanguard Intermediate-Term Bond ETF

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.