VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Plans Monthly Dividend of $0.17

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.1745 per share on Tuesday, April 7th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Wednesday, April 1st. This is a 24.2% increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.14.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.0%

ANGL stock traded up $0.01 during mid-day trading on Wednesday, reaching $28.73. 1,607,073 shares of the stock traded hands, compared to its average volume of 997,621. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.92 and a 52-week high of $29.77. The stock’s fifty day moving average is $29.29 and its 200-day moving average is $29.41. The company has a market cap of $3.03 billion, a P/E ratio of 59.37 and a beta of 0.44.

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.