Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) To Go Ex-Dividend on July 1st

Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) declared a dividend on Thursday, June 27th, NASDAQ reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.2613 per share on Wednesday, July 3rd. The ex-dividend date of this dividend is Monday, July 1st. This is an increase from Vanguard Intermediate-Term Tax-Exempt Bond ETF’s previous dividend of $0.24.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEI traded down $0.05 during mid-day trading on Friday, reaching $99.41. The stock had a trading volume of 38,738 shares, compared to its average volume of 24,289. The company has a 50 day moving average price of $99.23. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a one year low of $98.32 and a one year high of $101.67.

About Vanguard Intermediate-Term Tax-Exempt Bond ETF

The Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below 20 years.