7,414 Shares in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the second quarter, HoldingsChannel reports. The firm purchased 7,414 shares of the company’s stock, valued at approximately $206,000.

Several other large investors also recently made changes to their positions in the stock. Ameriprise Financial Inc. grew its position in VanEck Fallen Angel High Yield Bond ETF by 409.0% in the first quarter. Ameriprise Financial Inc. now owns 4,138,582 shares of the company’s stock valued at $115,889,000 after acquiring an additional 3,325,555 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 149.8% in the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,909,377 shares of the company’s stock worth $53,023,000 after purchasing an additional 1,144,925 shares during the last quarter. Kensington Asset Management LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter valued at about $28,325,000. 1832 Asset Management L.P. purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $29,769,000. Finally, Lido Advisors LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at approximately $21,428,000.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.2 %

ANGL opened at $27.76 on Tuesday. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $28.44. The stock has a market cap of $2.44 billion, a PE ratio of 59.99 and a beta of 0.52. The business has a 50 day moving average of $27.02 and a 200-day moving average of $27.33.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Investors of record on Thursday, November 2nd were issued a $0.135 dividend. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 5.84%.

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.