Mutual Advisors LLC Buys Shares of 44,453 VanEck Fallen Angel High Yield Bond ETF $ANGL

Mutual Advisors LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 44,453 shares of the company’s stock, valued at approximately $1,305,000.

Several other institutional investors and hedge funds have also modified their holdings of ANGL. Caldwell Trust Co lifted its stake 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 valued at $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 in the 4th quarter valued at $35,000. Assetmark Inc. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 766.4% in the 4th 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. 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, Equitable Holdings Inc. acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at $201,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL stock opened at $29.14 on Monday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $28.17 and a 1 year high of $29.77. The company has a fifty day simple moving average of $29.10 and a 200 day simple moving average of $29.34. The firm has a market cap of $3.06 billion, a PE ratio of 59.37 and a beta of 0.43.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 6th. Investors of record on Friday, May 1st will be paid a $0.1563 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, May 1st.

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.