14,810 Shares in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,810 shares of the company’s stock, valued at approximately $424,000.

Other hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after buying an additional 1,001 shares during the period. Fortitude Family Office LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth $45,000. Lowe Wealth Advisors LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after purchasing an additional 1,804 shares in the last quarter. Synergy Asset Management LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at about $108,000. Finally, Great Valley Advisor Group Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 6.5% in the third quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock worth $260,000 after purchasing an additional 540 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL opened at $28.79 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.98 and a 1-year high of $29.47. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The business has a 50 day moving average price of $28.89 and a two-hundred day moving average price of $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.1563 dividend. The ex-dividend date was Monday, February 3rd.

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.