VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Sets New 12-Month High at $29.27

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $29.27 and last traded at $29.27, with a volume of 181098 shares trading hands. The stock had previously closed at $29.24.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.1 %

The business’s fifty day simple moving average is $28.90 and its two-hundred day simple moving average is $28.69. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1501 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of VanEck Fallen Angel High Yield Bond ETF

Large investors have recently made changes to their positions in the company. Truist Financial Corp lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 0.7% in the second quarter. Truist Financial Corp now owns 48,116 shares of the company’s stock valued at $1,362,000 after buying an additional 347 shares during the last quarter. Financial Advocates Investment Management raised its position in VanEck Fallen Angel High Yield Bond ETF by 3.3% in the 4th quarter. Financial Advocates Investment Management now owns 11,653 shares of the company’s stock valued at $335,000 after purchasing an additional 376 shares during the last quarter. Delta Investment Management LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 2.6% during the 2nd quarter. Delta Investment Management LLC now owns 19,069 shares of the company’s stock worth $540,000 after purchasing an additional 492 shares during the period. EverSource Wealth Advisors LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after purchasing an additional 522 shares during the last quarter. Finally, McAlister Sweet & Associates Inc. increased its stake in VanEck Fallen Angel High Yield Bond ETF by 6.4% in the first quarter. McAlister Sweet & Associates Inc. now owns 11,658 shares of the company’s stock valued at $338,000 after purchasing an additional 700 shares during the period.

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.