Tidal Investments LLC Increases Stock Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

Tidal Investments LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report) by 20.5% during the second quarter, HoldingsChannel.com reports. The fund owned 293,253 shares of the company’s stock after buying an additional 49,904 shares during the period. Tidal Investments LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $8,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. IFC & Insurance Marketing Inc. acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $26,000. Parkside Financial Bank & Trust purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the second quarter worth about $38,000. Western Wealth Management LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at about $49,000. Compass Financial Management LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at about $82,000. Finally, Ameritas Advisory Services LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter valued at approximately $92,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1%

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.51 on Friday. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $28.35 and a twelve month high of $29.77. The stock has a 50 day moving average of $28.95 and a two-hundred day moving average of $29.04. The stock has a market capitalization of $3.17 billion, a price-to-earnings ratio of 59.37 and a beta of 0.42.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.159 per share. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Tuesday, September 1st.

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.

See Also

Want to see what other hedge funds are holding ANGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report).

Institutional Ownership by Quarter for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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