1832 Asset Management L.P. Has $34.80 Million Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

1832 Asset Management L.P. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,229,659 shares of the company’s stock after acquiring an additional 10,666 shares during the quarter. 1832 Asset Management L.P. owned 1.18% of VanEck Fallen Angel High Yield Bond ETF worth $34,799,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ANGL. McAlister Sweet & Associates Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 6.4% during the 1st 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. Silvia Mccoll Wealth Management LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 0.8% during the first quarter. Silvia Mccoll Wealth Management LLC now owns 95,941 shares of the company’s stock valued at $2,747,000 after buying an additional 735 shares during the period. Triad Wealth Partners LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth about $25,000. 1620 Investment Advisors Inc. grew its stake in VanEck Fallen Angel High Yield Bond ETF by 2.1% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 47,797 shares of the company’s stock valued at $1,353,000 after acquiring an additional 999 shares in the last quarter. Finally, TFG Advisers LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 3.3% in the 2nd quarter. TFG Advisers LLC now owns 34,049 shares of the company’s stock valued at $964,000 after purchasing an additional 1,075 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL opened at $29.37 on Tuesday. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The company has a 50 day simple moving average of $28.96 and a 200-day simple moving average of $28.71. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.28 and a 52-week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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

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.