VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Plans Monthly Dividend of $0.16

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLGet Free Report) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.159 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Tuesday, September 1st.

VanEck Fallen Angel High Yield Bond ETF Trading Down 1.0%

Shares of NASDAQ:ANGL traded down $0.29 during mid-day trading on Tuesday, reaching $28.72. The stock had a trading volume of 496,307 shares, compared to its average volume of 860,149. The firm has a 50 day simple moving average of $29.04 and a two-hundred day simple moving average of $29.10. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $28.35 and a twelve month high of $29.77. The firm has a market cap of $3.03 billion, a PE ratio of 59.37 and a beta of 0.42.

Institutional Investors Weigh In On VanEck Fallen Angel High Yield Bond ETF

Hedge funds have recently bought and sold shares of the company. IFC & Insurance Marketing Inc. acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $26,000. Western Wealth Management LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the first quarter worth about $49,000. Compass Financial Management LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter worth about $82,000. Ameritas Advisory Services LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at about $92,000. Finally, SHP Wealth Management acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at about $98,000.

VanEck Fallen Angel High Yield Bond ETF Company Profile

(Get 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.

Recommended Stories

Dividend History for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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.