Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Plans Dividend Increase – $0.20 Per Share

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) announced a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be given a dividend of 0.1959 per share on Monday, April 6th. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, April 1st. This is a 12.2% increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.4%

Vanguard Intermediate-Term Treasury ETF stock traded down $0.24 during midday trading on Wednesday, hitting $59.31. 3,270,859 shares of the company’s stock were exchanged, compared to its average volume of 4,011,557. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $58.42 and a 12 month high of $60.76. The firm has a 50-day moving average of $59.91 and a two-hundred day moving average of $60.03.

Vanguard Intermediate-Term Treasury ETF Company Profile

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.