Mendel Money Management Invests $259,000 in VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB)

Mendel Money Management purchased a new position in shares of VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 10,272 shares of the company’s stock, valued at approximately $259,000.

Separately, Cutler Capital Management LLC lifted its position in shares of VanEck Moodys Analytics BBB Corporate Bond ETF by 116.7% during the second quarter. Cutler Capital Management LLC now owns 9,100 shares of the company’s stock worth $230,000 after purchasing an additional 4,900 shares during the last quarter.

Shares of MBBB stock traded down $0.02 during trading hours on Friday, hitting $25.41. 3 shares of the company were exchanged. The stock has a 50 day simple moving average of $25.35.

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