RFG Advisory LLC Acquires 35,305 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

RFG Advisory LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 331.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,952 shares of the company’s stock after buying an additional 35,305 shares during the period. RFG Advisory LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. IFC & Insurance Marketing Inc. bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at $26,000. Caldwell Trust Co boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 306.3% in the 4th quarter. Caldwell Trust Co now owns 1,028 shares of the company’s stock worth $30,000 after purchasing an additional 775 shares during the last quarter. Raleigh Capital Management Inc. acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth $35,000. SHP Wealth Management bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at about $98,000. Finally, Assetmark Inc. increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 766.4% in the fourth quarter. Assetmark Inc. now owns 3,431 shares of the company’s stock valued at $101,000 after purchasing an additional 3,035 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1%

Shares of ANGL opened at $29.22 on Friday. The stock’s 50-day moving average price is $29.12 and its two-hundred day moving average price is $29.25. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $28.35 and a 1 year high of $29.77. The stock has a market cap of $3.07 billion, a P/E ratio of 59.37 and a beta of 0.43.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.1535 dividend. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Monday, June 1st.

VanEck Fallen Angel High Yield Bond ETF 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.