4,103 Shares in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Bought by Tidemark LLC

Tidemark LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 4th quarter, HoldingsChannel reports. The fund purchased 4,103 shares of the company’s stock, valued at approximately $118,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wells Fargo & Company MN increased its stake in VanEck Fallen Angel High Yield Bond ETF by 12.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,005,584 shares of the company’s stock valued at $28,941,000 after purchasing an additional 110,475 shares in the last quarter. Independent Advisor Alliance increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 98.8% during the fourth quarter. Independent Advisor Alliance now owns 32,870 shares of the company’s stock worth $918,000 after acquiring an additional 16,339 shares in the last quarter. Financial Advocates Investment Management increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.3% during the fourth quarter. Financial Advocates Investment Management now owns 11,653 shares of the company’s stock worth $335,000 after acquiring an additional 376 shares in the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth about $6,174,000. Finally, Eudaimonia Partners LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF by 243.1% in the 4th quarter. Eudaimonia Partners LLC now owns 37,959 shares of the company’s stock valued at $1,092,000 after acquiring an additional 26,894 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.3 %

ANGL stock traded down $0.08 during mid-day trading on Thursday, reaching $28.54. 412,046 shares of the company traded hands, compared to its average volume of 1,234,381. The firm’s 50 day moving average price is $28.61 and its 200 day moving average price is $28.58. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.1511 per share. The ex-dividend date was Wednesday, May 1st. This represents a $1.81 annualized dividend and a dividend yield of 6.35%.

VanEck Fallen Angel High Yield Bond ETF Company Profile

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.