Vanguard Long-Term Bond ETF (BLV) to Issue Monthly Dividend of $0.28

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) declared a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Shareholders of record on Friday, February 2nd will be given a dividend of 0.2772 per share on Tuesday, February 6th. This represents a $3.33 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date is Thursday, February 1st.

Vanguard Long-Term Bond ETF (BLV) traded up $0.34 during trading hours on Friday, reaching $89.98. 7,634 shares of the company’s stock were exchanged. Vanguard Long-Term Bond ETF has a 12 month low of $87.37 and a 12 month high of $95.98.

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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).

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