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

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) was up 0.4% during trading on Thursday . The stock traded as high as $21.63 and last traded at $21.63. Approximately 554 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 6,595 shares. The stock had previously closed at $21.5487.

VanEck Moodys Analytics IG Corporate Bond ETF Price Performance

The company’s 50-day moving average price is $21.62 and its 200 day moving average price is $21.67.

VanEck Moodys Analytics IG Corporate Bond ETF Cuts Dividend

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

VanEck Moodys Analytics IG Corporate Bond ETF Company Profile

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.