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

Vanguard Total Bond Market ETF (NASDAQ:BND) declared a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.25 per share on Monday, April 6th. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 9.7% increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock traded down $0.22 during mid-day trading on Wednesday, hitting $73.42. The company had a trading volume of 9,623,249 shares, compared to its average volume of 9,979,301. The stock’s 50 day moving average price is $74.20 and its 200-day moving average price is $74.33. Vanguard Total Bond Market ETF has a 52-week low of $71.41 and a 52-week high of $75.23.

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.