Creekside Partners Invests $655,000 in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Creekside Partners purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 23,143 shares of the company’s stock, valued at approximately $655,000.

Other hedge funds have also bought and sold shares of the company. 1832 Asset Management L.P. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 33.6% in the 4th quarter. 1832 Asset Management L.P. now owns 1,221,400 shares of the company’s stock worth $35,152,000 after acquiring an additional 307,509 shares in the last quarter. Mosaic Family Wealth Partners LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 1.1% during the first quarter. Mosaic Family Wealth Partners LLC now owns 139,968 shares of the company’s stock worth $4,062,000 after purchasing an additional 1,475 shares during the last quarter. Leo Wealth LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $340,000. Orion Portfolio Solutions LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth $535,000. Finally, CreativeOne Wealth LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the first quarter worth $225,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

NASDAQ ANGL opened at $29.27 on Wednesday. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.28 and a one year high of $29.47. The company has a 50-day simple moving average of $29.03 and a 200-day simple moving average of $28.73. The firm has a market capitalization of $3.13 billion, a PE ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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