Janney Montgomery Scott LLC Buys 408,373 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

Janney Montgomery Scott LLC grew its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL – Free Report) by 1,633.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 433,373 shares of the company’s stock after purchasing an additional 408,373 shares during the period. Janney Montgomery Scott LLC owned about 0.41% of VanEck Fallen Angel High Yield Bond ETF worth $12,446,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. IFC & Insurance Marketing Inc. bought a new position in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at about $26,000. Caldwell Trust Co grew its stake in VanEck Fallen Angel High Yield Bond ETF by 306.3% during the fourth quarter. Caldwell Trust Co now owns 1,028 shares of the company’s stock worth $30,000 after buying an additional 775 shares during the last quarter. Raleigh Capital Management Inc. bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $35,000. SHP Wealth Management acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth approximately $98,000. Finally, Assetmark Inc. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 766.4% during the fourth quarter. Assetmark Inc. now owns 3,431 shares of the company’s stock worth $101,000 after buying an additional 3,035 shares in the last quarter.

Get VanEck Fallen Angel High Yield Bond ETF alerts:

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $29.11 on Thursday. The company has a market capitalization of $3.05 billion, a P/E ratio of 59.37 and a beta of 0.43. VanEck Fallen Angel High Yield Bond ETF has a one year low of $28.35 and a one year high of $29.77. The business’s 50 day simple moving average is $29.11 and its 200-day simple moving average is $29.24.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a $0.171 dividend. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date is Wednesday, July 1st. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15.

About VanEck Fallen Angel High Yield Bond ETF

(Free Report)

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.

Read More

• Five stocks we like better than VanEck Fallen Angel High Yield Bond ETF
• AirJoule Unveils Prime System, Clearing Path to Commercialization
• Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
• Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
• Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

Receive News & Ratings for VanEck Fallen Angel High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Fallen Angel High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.