Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Increases Dividend to $0.28 Per Share

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) announced a monthly dividend on Tuesday, January 27th. Investors of record on Monday, November 2nd will be paid a dividend of $0.2776 per share on Wednesday, November 4th. This represents a $3.33 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Monday, November 2nd. This is a 1.7% increase from Vanguard Long-Term Bond ETF’s previous monthly dividend of $0.2730.

Vanguard Long-Term Bond ETF Stock Up 0.3%

BLV opened at $65.27 on Friday. Vanguard Long-Term Bond ETF has a fifty-two week low of $61.78 and a fifty-two week high of $71.64. The business has a 50-day moving average of $64.59 and a 200-day moving average of $67.60.

About Vanguard Long-Term Bond ETF

Vanguard Bond Index Funds (the Fund), formerly Vanguard Long-Term Bond ETF, seeks to track the performance of a market-weighted bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S.Long 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 of greater than 10 years and are publicly issued.