VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Acquired by Clear Investment Research LLC

Clear Investment Research LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,647 shares of the company’s stock after buying an additional 535 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for about 2.1% of Clear Investment Research LLC’s holdings, making the stock its 12th biggest holding. Clear Investment Research LLC owned 0.05% of VanEck Fallen Angel High Yield Bond ETF worth $1,629,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Biltmore Family Office LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 48.9% in the first quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock valued at $40,000 after buying an additional 458 shares during the last quarter. Costello Asset Management INC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the first quarter valued at about $44,000. Assetmark Inc. raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 293.0% in the first quarter. Assetmark Inc. now owns 2,480 shares of the company’s stock valued at $72,000 after buying an additional 1,849 shares during the last quarter. Bogart Wealth LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 41.0% in the first quarter. Bogart Wealth LLC now owns 2,540 shares of the company’s stock valued at $73,000 after buying an additional 738 shares during the last quarter. Finally, CWM LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 19.9% in the second quarter. CWM LLC now owns 5,218 shares of the company’s stock valued at $153,000 after buying an additional 866 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2%

Shares of NASDAQ ANGL opened at $29.56 on Friday. The firm has a 50-day simple moving average of $29.53 and a 200-day simple moving average of $29.03. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.92 and a 52 week high of $29.75.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.1465 per share. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date was Wednesday, October 1st.

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.