Hill Island Financial LLC Grows Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Hill Island Financial LLC grew its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,191 shares of the company’s stock after acquiring an additional 1,220 shares during the quarter. Hill Island Financial LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Financial Advocates Investment Management boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 3.3% during the fourth quarter. Financial Advocates Investment Management now owns 11,653 shares of the company’s stock worth $335,000 after buying an additional 376 shares during the period. McAlister Sweet & Associates Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.4% in the 1st quarter. McAlister Sweet & Associates Inc. now owns 11,658 shares of the company’s stock worth $338,000 after buying an additional 700 shares during the last quarter. Silvia Mccoll Wealth Management LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 0.8% during the 1st quarter. Silvia Mccoll Wealth Management LLC now owns 95,941 shares of the company’s stock valued at $2,747,000 after purchasing an additional 735 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the second quarter worth about $25,000. Finally, 1620 Investment Advisors Inc. grew its position in VanEck Fallen Angel High Yield Bond ETF by 2.1% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 47,797 shares of the company’s stock worth $1,353,000 after purchasing an additional 999 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL stock opened at $29.28 on Tuesday. The business has a fifty day moving average of $28.88 and a 200 day moving average of $28.69. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.28 and a 1 year high of $29.31.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued 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.