Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Raises Dividend to $0.17 Per Share

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) announced a monthly dividend on Wednesday, September 16th. Stockholders of record on Thursday, September 17th will be paid a dividend of 0.1734 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Thursday, September 17th. This is a 5.2% increase from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.16.

Vident U.S. Bond Strategy ETF Trading Up 0.2%

Shares of VBND opened at $42.40 on Thursday. The stock has a 50 day moving average price of $42.96 and a 200 day moving average price of $43.40. Vident U.S. Bond Strategy ETF has a one year low of $41.40 and a one year high of $45.25.

Vident U.S. Bond Strategy ETF Company Profile

The Vident Core U.S. Bond Strategy ETF (VBND) is an exchange-traded fund that is based on the Vident Core U.S. Bond index. The fund tracks a multi-factor-weighted USD bond index that is based on sector tail risk, security valuation, and issuer corporate governance. VBND was launched on Oct 16, 2014 and is managed by Vident.