Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Raises Dividend to $0.36 Per Share

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) announced a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.3561 per share by the exchange traded fund on Monday, April 6th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Wednesday, April 1st. This is a 11.9% increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.3%

Shares of NASDAQ:VCLT traded down $0.24 during trading on Wednesday, reaching $74.48. The stock had a trading volume of 8,943,089 shares, compared to its average volume of 6,560,958. The firm’s fifty day moving average is $75.90 and its 200 day moving average is $76.69. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $70.61 and a 52 week high of $79.28.

About Vanguard Long-Term Corporate Bond ETF

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.