Quadrature Capital Ltd Invests $519,000 in VanEck Fallen Angel High Yield Bond ETF $ANGL

Quadrature Capital Ltd bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 17,715 shares of the company’s stock, valued at approximately $519,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital Investment Advisors LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 3,188,119 shares of the company’s stock worth $93,348,000 after acquiring an additional 141,828 shares during the last quarter. Horizon Investments LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 0.6% during the first quarter. Horizon Investments LLC now owns 1,026,701 shares of the company’s stock worth $29,312,000 after purchasing an additional 6,455 shares during the last quarter. Raymond James Financial Inc. grew its position in VanEck Fallen Angel High Yield Bond ETF by 26.6% in the 1st quarter. Raymond James Financial Inc. now owns 842,473 shares of the company’s stock worth $24,314,000 after purchasing an additional 176,759 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 3.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 627,875 shares of the company’s stock valued at $18,384,000 after buying an additional 19,564 shares during the last quarter. Finally, Howard Financial Services LTD. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.4% during the 2nd quarter. Howard Financial Services LTD. now owns 552,880 shares of the company’s stock worth $16,188,000 after buying an additional 33,331 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.3%

ANGL stock opened at $29.46 on Wednesday. The business has a 50 day moving average of $29.45 and a 200-day moving average of $29.21. The firm has a market cap of $3.07 billion, a PE ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.92 and a 12-month high of $29.75.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Friday, November 28th will be given a dividend of $0.1471 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, November 28th.

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.