14,810 Shares in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the fourth quarter, HoldingsChannel.com reports. The firm bought 14,810 shares of the company’s stock, valued at approximately $424,000.

A number of other hedge funds also recently bought and sold shares of ANGL. Jaffetilchin Investment Partners LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.2% in the third quarter. Jaffetilchin Investment Partners LLC now owns 28,909 shares of the company’s stock valued at $850,000 after purchasing an additional 350 shares in the last quarter. McKinley Carter Wealth Services Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.9% in the 4th quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock valued at $632,000 after buying an additional 415 shares in the last quarter. HBW Advisory Services LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 5.3% during the 4th quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock worth $275,000 after acquiring an additional 485 shares during the period. Kingswood Wealth Advisors LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 5.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 9,684 shares of the company’s stock valued at $278,000 after acquiring an additional 491 shares in the last quarter. Finally, Financial Advocates Investment Management increased its stake in VanEck Fallen Angel High Yield Bond ETF by 4.0% in the third quarter. Financial Advocates Investment Management now owns 12,870 shares of the company’s stock valued at $379,000 after acquiring an additional 495 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.3 %

ANGL stock opened at $28.79 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.98 and a 1-year high of $29.47. The business’s 50 day moving average is $28.89 and its 200-day moving average is $29.00. The firm has a market cap of $2.98 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1563 per share. The ex-dividend date was Monday, February 3rd.

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.