VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Trading Up 0.2% – Still a Buy?

Shares of VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIGGet Free Report) were up 0.2% during mid-day trading on Friday . The company traded as high as $21.85 and last traded at $21.85. 1,195 shares changed hands during trading, a decline of 78% from the average daily volume of 5,541 shares. The stock had previously closed at $21.81.

VanEck Moodys Analytics IG Corporate Bond ETF Price Performance

The business’s 50-day simple moving average is $21.66 and its two-hundred day simple moving average is $21.70.

VanEck Moodys Analytics IG Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.0804 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd.

About VanEck Moodys Analytics IG Corporate Bond ETF

(Get Free Report)

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

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