VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Bank of Montreal Can

Bank of Montreal Can increased its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 482.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 541,407 shares of the company’s stock after acquiring an additional 448,415 shares during the period. Bank of Montreal Can’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $15,463,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. 1832 Asset Management L.P. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 33.6% in the fourth quarter. 1832 Asset Management L.P. now owns 1,221,400 shares of the company’s stock valued at $35,152,000 after purchasing an additional 307,509 shares during the period. Mosaic Family Wealth Partners LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.1% in the first quarter. Mosaic Family Wealth Partners LLC now owns 139,968 shares of the company’s stock worth $4,062,000 after acquiring an additional 1,475 shares in the last quarter. Leo Wealth LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth $340,000. Aveo Capital Partners LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 11.8% in the fourth quarter. Aveo Capital Partners LLC now owns 558,123 shares of the company’s stock valued at $16,063,000 after acquiring an additional 58,816 shares in the last quarter. Finally, Orion Portfolio Solutions LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at $535,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ ANGL opened at $29.42 on Friday. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The stock’s 50-day moving average is $29.01 and its two-hundred day moving average is $28.72. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.28 and a 1-year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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

VanEck Fallen Angel High Yield Bond ETF 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.