VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Shares Down 1.7% – Here’s What Happened

Shares of VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIGGet Free Report) fell 1.7% on Tuesday . The stock traded as low as $21.20 and last traded at $20.93. 37,198 shares were traded during trading, an increase of 620% from the average session volume of 5,168 shares. The stock had previously closed at $21.29.

VanEck Moodys Analytics IG Corporate Bond ETF Price Performance

The firm has a 50 day moving average of $21.24 and a two-hundred day moving average of $21.33.

VanEck Moodys Analytics IG Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.0777 per share. The ex-dividend date was Monday, March 3rd.

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

An institutional investor recently raised its position in VanEck Moodys Analytics IG Corporate Bond ETF stock. Van ECK Associates Corp lifted its stake in shares of VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIGFree Report) by 4,246.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,857 shares of the company’s stock after buying an additional 40,894 shares during the period. Van ECK Associates Corp owned about 6.98% of VanEck Moodys Analytics IG Corporate Bond ETF worth $883,000 as of its most recent SEC filing.

VanEck Moodys Analytics IG Corporate Bond ETF Company Profile

(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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