What's up with EDV today?

[MomTo2Boys]

Why would EDV be so drastically down - almost 5% - while TLT is not only not down at all but slightly up? What's going on with EDV? Anyone know?

[Pointedstick]

Looks like it paid a dividend today.

[MomTo2Boys]

Looks like it paid a dividend today.

So...are you saying that what might be going on is that the people who held it for the dividend or who were waiting for the dividend before they were going to sell are now selling it?

Or maybe, in their eyes, the dividend was not enough or was too much? Or something?

[Xan]

I don't think it means anybody is selling; it just means that some of the value of EDV yesterday was the dividend coming up today.

[MomTo2Boys]

Looks like it paid a dividend today.

So...are you saying that what might be going on is that the people who held it for the dividend or who were waiting for the dividend before they were going to sell are now selling it?

Or maybe, in their eyes, the dividend was not enough or was too much? Or something?

No. All else being equal, the share price will should drop by exactly the amount of the dividend.

Ah! Okay, thank you...

[dualstow]

I know Vanguard can be late, but I still haven't gotten any kind of payment from EDV since September.
Anybody else?

[steve]

I know Vanguard can be late, but I still haven't gotten any kind of payment from EDV since September.
Anybody else?

Payable Date according to Vanguard site is  12/27/2012  usually you see payment credited to your account the day after pay date.
https://personal.vanguard.com/us/funds/ ... =INT#tab=4

[dualstow]

Many thanks!

[Pointedstick]

FWIW, I got my EDV dividend and gain distributions on the 28th.