ORG Partners LLC Takes $460,000 Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

ORG Partners LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,496 shares of the company’s stock, valued at approximately $460,000.

A number of other institutional investors also recently bought and sold shares of ANGL. Aspire Private Capital LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth approximately $25,133,940,000. Stonebridge Capital Advisors LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at $38,000. FMR LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1,600.0% during the 1st quarter. FMR LLC now owns 1,700 shares of the company’s stock valued at $48,000 after purchasing an additional 1,600 shares during the period. WealthShield Partners LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at $82,000. Finally, Van ECK Associates Corp boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 481.6% in the 4th quarter. Van ECK Associates Corp now owns 3,612 shares of the company’s stock worth $98,000 after buying an additional 2,991 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.3 %

NASDAQ ANGL opened at $27.61 on Thursday. The business has a 50-day moving average price of $27.59 and a 200-day moving average price of $27.54. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 59.99 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $25.75 and a twelve month high of $28.44.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were given a dividend of $0.1347 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 5.85%.

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.