VanEck Fallen Angel High Yield Bond ETF $ANGL Stock Holdings Lifted by Shepherd Kaplan Krochuk LLC

Shepherd Kaplan Krochuk LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 323,476 shares of the company’s stock after purchasing an additional 24,860 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF makes up 7.9% of Shepherd Kaplan Krochuk LLC’s portfolio, making the stock its biggest position. Shepherd Kaplan Krochuk LLC owned 0.31% of VanEck Fallen Angel High Yield Bond ETF worth $9,617,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ANGL. Newbridge Financial Services Group Inc. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 19.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 4,192 shares of the company’s stock valued at $123,000 after purchasing an additional 688 shares in the last quarter. Darwin Wealth Management LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the second quarter worth approximately $129,000. Clear Creek Financial Management LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the third quarter worth approximately $221,000. Corient Private Wealth LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the second quarter worth $229,000. Finally, RFG Advisory LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the third quarter worth $232,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.3%

Shares of NASDAQ ANGL opened at $28.72 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.92 and a 12-month high of $29.77. The stock’s fifty day simple moving average is $29.50 and its two-hundred day simple moving average is $29.47. The stock has a market capitalization of $3.03 billion, a PE ratio of 59.37 and a beta of 0.44.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1405 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, March 2nd.

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.