VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Trading 0.2% Higher – Time to Buy?

Shares of VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIGGet Free Report) rose 0.2% during mid-day trading on Friday . The stock traded as high as $21.85 and last traded at $21.85. Approximately 1,195 shares changed hands during mid-day 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 stock’s 50-day moving average is $21.66 and its 200 day moving average is $21.70.

VanEck Moodys Analytics IG Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.0804 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. 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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