VanEck Fallen Angel High Yield Bond ETF (ANGL) To Go Ex-Dividend on May 1st

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) announced a monthly dividend on Thursday, April 30th, NASDAQ Dividends reports. Investors of record on Friday, May 1st will be paid a dividend of 0.1563 per share on Wednesday, May 6th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, May 1st.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ:ANGL opened at $29.14 on Friday. The company has a market capitalization of $3.06 billion, a P/E ratio of 59.37 and a beta of 0.43. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $28.17 and a 1 year high of $29.77. The business’s 50 day simple moving average is $29.10 and its 200 day simple moving average is $29.34.

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

A number of large investors have recently added to or reduced their stakes in ANGL. Jane Street Group LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 12.3% in the 1st quarter. Jane Street Group LLC now owns 326,655 shares of the company’s stock valued at $9,427,000 after purchasing an additional 35,746 shares in the last quarter. Creative Planning acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at $269,000. Qube Research & Technologies Ltd boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 32.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 25,745 shares of the company’s stock valued at $754,000 after purchasing an additional 6,377 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at $129,000. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 32.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 54,257 shares of the company’s stock valued at $1,589,000 after purchasing an additional 13,374 shares in the last quarter.

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.