43,645 Shares in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Acquired by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 43,645 shares of the company’s stock, valued at approximately $1,256,000.

A number of other hedge funds have also recently bought and sold shares of the company. VitalStone Financial LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at about $26,000. Concourse Financial Group Securities Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 408.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,016 shares of the company’s stock worth $27,000 after buying an additional 816 shares during the period. ORG Partners LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $33,000. First Horizon Advisors Inc. grew its stake in VanEck Fallen Angel High Yield Bond ETF by 61.0% during the 4th quarter. First Horizon Advisors Inc. now owns 3,612 shares of the company’s stock valued at $104,000 after acquiring an additional 1,369 shares in the last quarter. Finally, Simplex Trading LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at approximately $129,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1 %

NASDAQ ANGL traded down $0.03 on Wednesday, reaching $28.60. The stock had a trading volume of 958,289 shares, compared to its average volume of 1,301,244. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 0.48 and a beta of 0.34. The business has a 50 day moving average price of $28.64 and a 200 day moving average price of $28.44. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.28 and a 1 year high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a $0.1511 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $1.81 dividend on an annualized basis and a yield of 6.34%.

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.