VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Shares Up 0%

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) shares shot up 0% during trading on Wednesday . The company traded as high as $22.04 and last traded at $22.03. 610 shares traded hands during mid-day trading, The stock had previously closed at $22.02.

VanEck Moodys Analytics BBB Corporate Bond ETF Price Performance

The business has a 50-day moving average price of $21.57 and a 200 day moving average price of $21.23.

VanEck Moodys Analytics BBB Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.0894 per share. This is a positive change from VanEck Moodys Analytics BBB Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On VanEck Moodys Analytics BBB Corporate Bond ETF

An institutional investor recently raised its position in VanEck Moodys Analytics BBB Corporate Bond ETF stock. Van ECK Associates Corp raised its position in VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) by 44.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 327,000 shares of the company’s stock after acquiring an additional 100,000 shares during the period. Van ECK Associates Corp owned approximately 81.75% of VanEck Moodys Analytics BBB Corporate Bond ETF worth $6,962,000 as of its most recent filing with the Securities & Exchange Commission.

VanEck Moodys Analytics BBB Corporate Bond ETF Company Profile

The VanEck Moody’s Analytics BBB Corporate Bond ETF (MBBB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB-rated corporate bonds issued in the US domestic market. MBBB was launched on Dec 1, 2020 and is managed by VanEck.