VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) Trading Down 0.1% – Here’s Why

VanEck Moodys Analytics IG Corporate Bond ETF (BATS:MIG) shares fell 0.1% during mid-day trading on Friday . The stock traded as low as $21.29 and last traded at $21.29. 2,266 shares were traded during trading, a decline of 57% from the average session volume of 5,226 shares. The stock had previously closed at $21.32.

VanEck Moodys Analytics IG Corporate Bond ETF Stock Performance

The company’s 50 day simple moving average is $21.46 and its 200-day simple moving average is $21.61.

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.