Tidal Investments LLC Purchases New Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Tidal Investments LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 212,486 shares of the company’s stock, valued at approximately $6,249,000. Tidal Investments LLC owned about 0.20% of VanEck Fallen Angel High Yield Bond ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth about $25,000. EverSource Wealth Advisors LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the second quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after acquiring an additional 522 shares during the period. Assetmark Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 281.2% in the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after acquiring an additional 1,001 shares during the last quarter. Fortitude Family Office LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the third quarter valued at approximately $45,000. Finally, Cultivar Capital Inc. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at approximately $121,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.2 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.07 on Friday. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The business’s 50 day simple moving average is $29.06 and its 200-day simple moving average is $28.90.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.1568 dividend. This represents a $1.88 annualized dividend and a yield of 6.47%. The ex-dividend date of this dividend was Friday, November 1st.

VanEck Fallen Angel High Yield Bond ETF Company Profile

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.