Hill Island Financial LLC Has $345,000 Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Hill Island Financial LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,191 shares of the company’s stock after buying an additional 1,220 shares during the period. Hill Island Financial LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $345,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Triad Wealth Partners LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at $25,000. Pineridge Advisors LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at $50,000. Gleason Group Inc. bought a new position in VanEck Fallen Angel High Yield Bond ETF in the second quarter worth approximately $55,000. SageView Advisory Group LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $92,000. Finally, Tidemark LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth $118,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $29.28 on Tuesday. The firm has a 50-day moving average of $28.88 and a 200 day moving average of $28.69. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.31. The firm has a market cap of $3.06 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1501 per share. The ex-dividend date was Tuesday, September 3rd.

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.