VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Shares Up 0.2% – Still a Buy?

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB)’s share price shot up 0.2% during trading on Tuesday . The company traded as high as $21.39 and last traded at $21.39. 179 shares traded hands during trading, a decline of 97% from the average session volume of 5,790 shares. The stock had previously closed at $21.35.

VanEck Moodys Analytics BBB Corporate Bond ETF Trading Up 0.2%

The business has a 50-day moving average of $21.60 and a 200 day moving average of $21.73.

VanEck Moodys Analytics BBB Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.0797 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, March 2nd.

VanEck Moodys Analytics BBB Corporate Bond ETF Company Profile

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