VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Shepherd Kaplan Krochuk LLC

Shepherd Kaplan Krochuk LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 295,837 shares of the company’s stock after purchasing an additional 2,362 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF makes up approximately 7.1% of Shepherd Kaplan Krochuk LLC’s investment portfolio, making the stock its 2nd largest holding. Shepherd Kaplan Krochuk LLC owned approximately 0.29% of VanEck Fallen Angel High Yield Bond ETF worth $8,482,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ANGL. BNP Paribas Financial Markets grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1,856.5% during the 4th quarter. BNP Paribas Financial Markets now owns 900 shares of the company’s stock worth $26,000 after buying an additional 854 shares during the period. Biltmore Family Office LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 593.3% during the 4th quarter. Biltmore Family Office LLC now owns 936 shares of the company’s stock worth $27,000 after buying an additional 801 shares during the period. Van ECK Associates Corp grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% during the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after buying an additional 390 shares during the period. Transce3nd LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth approximately $46,000. Finally, Howe & Rusling Inc. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $56,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.4%

NASDAQ ANGL opened at $28.65 on Friday. The company has a fifty day simple moving average of $28.36 and a 200 day simple moving average of $28.74. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.92 and a 12-month high of $29.47. The company has a market cap of $2.84 billion, a P/E ratio of 58.39 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a $0.1509 dividend. This represents a $1.81 annualized dividend and a yield of 6.32%. The ex-dividend date of this dividend was Thursday, May 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.