VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Share Price Passes Above 200 Day Moving Average – Should You Sell?

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $21.51 and traded as high as $21.63. VanEck Moodys Analytics BBB Corporate Bond ETF shares last traded at $21.63, with a volume of 48 shares traded.

VanEck Moodys Analytics BBB Corporate Bond ETF Price Performance

The business has a 50 day moving average price of $21.71 and a 200 day moving average price of $21.51.

VanEck Moodys Analytics BBB Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.0894 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from VanEck Moodys Analytics BBB Corporate Bond ETF’s previous dividend of $0.09.

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.