Baker Ellis Asset Management LLC Has $1.22 Million Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Baker Ellis Asset Management LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 15.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,187 shares of the company’s stock after acquiring an additional 5,650 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,224,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. VitalStone Financial LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at approximately $26,000. ORG Partners LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $33,000. Pineridge Advisors LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $50,000. First Horizon Advisors Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 61.0% in the 4th quarter. First Horizon Advisors Inc. now owns 3,612 shares of the company’s stock valued at $104,000 after acquiring an additional 1,369 shares during the period. Finally, Tidemark LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth $118,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.4 %

VanEck Fallen Angel High Yield Bond ETF stock traded down $0.10 during midday trading on Friday, reaching $28.30. The company’s stock had a trading volume of 1,134,611 shares, compared to its average volume of 1,184,175. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $29.21. The business has a 50-day moving average price of $28.52 and a 200-day moving average price of $28.70. The stock has a market cap of $2.92 billion, a PE ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 6th. Shareholders of record on Monday, June 3rd were given a $0.1562 dividend. The ex-dividend date was Monday, June 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.