VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Plans Dividend Increase – $0.16 Per Share

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) declared a dividend on Thursday, December 26th,NASDAQ Dividends reports. Stockholders of record on Friday, December 27th will be paid a dividend of 0.1564 per share on Monday, December 30th. The ex-dividend date is Friday, December 27th. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock traded down $0.27 during midday trading on Friday, hitting $28.61. 655,411 shares of the company’s stock were exchanged, compared to its average volume of 966,413. The company has a market cap of $3.01 billion, a PE ratio of 0.48 and a beta of 0.52. The firm has a 50-day moving average of $29.01 and a two-hundred day moving average of $28.92. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47.

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.