VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Short Interest Update

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,027,326 shares, an increase of 122.6% from the April 30th total of 461,549 shares. Based on an average daily trading volume, of 926,072 shares, the short-interest ratio is currently 1.1 days. Approximately 1.0% of the shares of the stock are short sold.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.3%

VanEck Fallen Angel High Yield Bond ETF stock opened at $29.23 on Friday. The company’s 50-day moving average price is $29.01 and its 200-day moving average price is $29.29. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $28.35 and a twelve month high of $29.77. The company has a market cap of $3.07 billion, a PE ratio of 59.37 and a beta of 0.43.

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VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.1563 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

Institutional Trading of VanEck Fallen Angel High Yield Bond ETF

A number of large investors have recently made changes to their positions in ANGL. Southern Farm Bureau Life Insurance increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 110.1% in the 4th quarter. Southern Farm Bureau Life Insurance now owns 2,587,512 shares of the company’s stock worth $76,045,000 after buying an additional 1,356,065 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 6.2% in the 3rd quarter. Bank of America Corp DE now owns 20,594,595 shares of the company’s stock worth $612,277,000 after buying an additional 1,193,879 shares during the last quarter. Storen Legacy Partners LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $16,729,000. Janney Montgomery Scott LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1,633.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 433,373 shares of the company’s stock worth $12,446,000 after purchasing an additional 408,373 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 91.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 738,558 shares of the company’s stock worth $21,957,000 after purchasing an additional 352,445 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Company Profile

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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.

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