Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Announces Dividend Increase – $0.28 Per Share

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) announced a monthly dividend on Wednesday, January 28th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.2756 per share on Wednesday, November 4th. This represents a $3.31 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, November 2nd. This is a 0.8% increase from Vanguard New York Tax-Exempt Bond ETF’s previous monthly dividend of $0.2734.

Vanguard New York Tax-Exempt Bond ETF Stock Up 0.3%

MUNY stock opened at $100.37 on Friday. Vanguard New York Tax-Exempt Bond ETF has a 12 month low of $96.38 and a 12 month high of $105.51. The company has a 50-day moving average price of $99.11 and a 200 day moving average price of $102.18.

Hedge Funds Weigh In On Vanguard New York Tax-Exempt Bond ETF

A number of large investors have recently bought and sold shares of the business. Timbuktu Capital Management LLC purchased a new position in Vanguard New York Tax-Exempt Bond ETF during the 2nd quarter valued at $104,000. Bouchey Financial Group Ltd. increased its stake in Vanguard New York Tax-Exempt Bond ETF by 5.8% in the second quarter. Bouchey Financial Group Ltd. now owns 2,086 shares of the company’s stock worth $217,000 after purchasing an additional 114 shares during the period. Canandaigua National Bank & Trust Co. purchased a new stake in Vanguard New York Tax-Exempt Bond ETF in the second quarter worth $284,000. Boston Standard Wealth Management LLC bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF during the third quarter worth $303,000. Finally, Strategic Advisors LLC bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF during the second quarter worth $334,000.

About Vanguard New York Tax-Exempt Bond ETF

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.