BBT Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of BB&T Corp. (NYSE: BBT) crossed below their 200 day moving average of $30.64, changing hands as low as $30.55 per share. BB&T Corp. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of BBT shares, versus its 200 day moving average:

Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average, at Dividend Channel »

Looking at the chart above, BBT’s low point in its 52 week range is $26.86 per share, with $34.37 as the 52 week high point — that compares with a last trade of $30.55.

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According to the ETF Finder at ETF Channel, BBT makes up 7.04% of theiShares Dow Jones U.S. Regional Banks Index Fund ETF (AMEX: IAT)which is trading lower by about 0.6% on the day Tuesday.