VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Shares Up 0.4% – Still a Buy?

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIGGet Free Report) shares shot up 0.4% on Thursday . The stock traded as high as $21.63 and last traded at $21.63. 554 shares were traded during trading, a decline of 92% from the average session volume of 6,595 shares. The stock had previously closed at $21.5487.

VanEck Moodys Analytics IG Corporate Bond ETF Price Performance

The company has a 50-day moving average of $21.62 and a 200-day moving average of $21.66.

VanEck Moodys Analytics IG Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.0804 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date 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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