Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) to Issue Dividend Increase – $0.37 Per Share

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) declared a dividend on Wednesday, February 28th, NASDAQ reports. Shareholders of record on Friday, June 28th will be paid a dividend of 0.3713 per share on Tuesday, July 2nd. The ex-dividend date is Friday, June 28th. This is a boost from Vanguard S&P Mid-Cap 400 ETF’s previous dividend of $0.28.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

Vanguard S&P Mid-Cap 400 ETF stock traded up $0.34 during midday trading on Thursday, hitting $99.18. 24,779 shares of the company’s stock were exchanged, compared to its average volume of 53,035. Vanguard S&P Mid-Cap 400 ETF has a 12 month low of $78.54 and a 12 month high of $103.42. The firm has a 50-day moving average of $99.62 and a two-hundred day moving average of $97.29. The company has a market cap of $1.95 billion, a PE ratio of 7.55 and a beta of 1.11.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.