NBT Bank N A NY Buys 6,483 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

NBT Bank N A NY raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 192,341 shares of the company’s stock after buying an additional 6,483 shares during the quarter. NBT Bank N A NY owned about 0.19% of VanEck Fallen Angel High Yield Bond ETF worth $5,632,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Silver Oak Securities Incorporated grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% in the 2nd quarter. Silver Oak Securities Incorporated now owns 38,911 shares of the company’s stock worth $1,139,000 after buying an additional 354 shares during the last quarter. Retirement Guys Formula LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.7% in the 2nd quarter. Retirement Guys Formula LLC now owns 48,684 shares of the company’s stock worth $1,425,000 after buying an additional 358 shares during the last quarter. TFG Advisers LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1.2% in the 2nd quarter. TFG Advisers LLC now owns 34,194 shares of the company’s stock worth $1,001,000 after buying an additional 415 shares during the last quarter. Biltmore Family Office LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 48.9% in the 1st quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock worth $40,000 after buying an additional 458 shares during the last quarter. Finally, Elm3 Financial Group LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.8% in the 2nd quarter. Elm3 Financial Group LLC now owns 7,515 shares of the company’s stock worth $220,000 after buying an additional 476 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of ANGL stock opened at $29.59 on Wednesday. The firm has a market cap of $3.12 billion, a P/E ratio of 59.37 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.92 and a fifty-two week high of $29.75. The business’s 50 day moving average price is $29.40 and its 200-day moving average price is $28.88.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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