Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Plans Dividend Increase – $0.19 Per Share

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) announced a monthly dividend on Wednesday, October 30th, NASDAQ reports. Investors of record on Friday, November 1st will be given a dividend of 0.1855 per share on Tuesday, November 5th. This represents a $2.23 annualized dividend and a yield of 3.81%. The ex-dividend date is Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.3 %

VGIT stock traded down $0.19 during trading on Friday, reaching $58.42. 1,913,281 shares of the company’s stock were exchanged, compared to its average volume of 2,540,377. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $56.83 and a 1-year high of $60.82. The company’s fifty day moving average price is $59.93 and its 200-day moving average price is $58.91.

About Vanguard Intermediate-Term Treasury Index ETF

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.