VanEck Fallen Angel High Yield Bond ETF Plans Dividend of $0.15 (NASDAQ:ANGL)

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) declared a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be given a dividend of 0.152 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1 %

Shares of ANGL stock traded down $0.02 during trading hours on Friday, reaching $29.02. 2,276,811 shares of the stock were exchanged, compared to its average volume of 1,169,267. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.28 and a 12-month high of $29.21. The company’s 50-day moving average price is $28.84 and its 200-day moving average price is $28.13. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 59.99 and a beta of 0.52.

Institutional Investors Weigh In On VanEck Fallen Angel High Yield Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. US Bancorp DE boosted its position in VanEck Fallen Angel High Yield Bond ETF by 66.1% in the 2nd quarter. US Bancorp DE now owns 915 shares of the company’s stock valued at $25,000 after buying an additional 364 shares during the period. Continuum Advisory LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 1.9% in the 4th quarter. Continuum Advisory LLC now owns 34,929 shares of the company’s stock valued at $1,005,000 after buying an additional 662 shares during the period. IHT Wealth Management LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 1.4% in the 1st quarter. IHT Wealth Management LLC now owns 58,393 shares of the company’s stock valued at $1,636,000 after buying an additional 780 shares during the period. CreativeOne Wealth LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 12.3% in the 2nd quarter. CreativeOne Wealth LLC now owns 8,586 shares of the company’s stock valued at $238,000 after buying an additional 939 shares during the period. Finally, Kestra Advisory Services LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 2.3% in the 4th quarter. Kestra Advisory Services LLC now owns 55,312 shares of the company’s stock valued at $1,592,000 after buying an additional 1,263 shares during the period.

About VanEck Fallen Angel High Yield Bond ETF

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of bonds that were rated investment grade at issuance but later downgraded to sub-investment grade. ANGL was launched on Apr 10, 2012 and is managed by VanEck.