Fortitude Family Office LLC Buys Shares of 1,541 VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Fortitude Family Office LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,541 shares of the company’s stock, valued at approximately $45,000.

Several other hedge funds also recently modified their holdings of the business. LPL Financial LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 4.4% during the 2nd quarter. LPL Financial LLC now owns 3,525,907 shares of the company’s stock valued at $99,783,000 after purchasing an additional 148,241 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.9% during the second quarter. Capital Investment Advisors LLC now owns 3,000,290 shares of the company’s stock valued at $84,908,000 after buying an additional 113,818 shares during the last quarter. 1832 Asset Management L.P. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% in the second quarter. 1832 Asset Management L.P. now owns 1,229,659 shares of the company’s stock valued at $34,799,000 after buying an additional 10,666 shares during the period. Bank of New York Mellon Corp grew its position in VanEck Fallen Angel High Yield Bond ETF by 3.6% during the second quarter. Bank of New York Mellon Corp now owns 1,188,234 shares of the company’s stock worth $33,627,000 after buying an additional 40,902 shares in the last quarter. Finally, Evergreen Capital Management LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 1.7% during the second quarter. Evergreen Capital Management LLC now owns 994,173 shares of the company’s stock valued at $28,135,000 after acquiring an additional 16,388 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.0 %

VanEck Fallen Angel High Yield Bond ETF stock opened at $29.05 on Wednesday. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.48 and a 12 month high of $29.47. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The business has a 50 day moving average price of $29.17 and a two-hundred day moving average price of $28.77.

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 given a $0.1501 dividend. The ex-dividend date of this dividend 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.