124,240 Shares in VanEck Fallen Angel High Yield Bond ETF $ANGL Bought by Sigma Planning Corp

Sigma Planning Corp purchased a new position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 124,240 shares of the company’s stock, valued at approximately $3,455,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Silvia Mccoll Wealth Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $3,528,000. Tidal Investments LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 20.5% in the 2nd quarter. Tidal Investments LLC now owns 293,253 shares of the company’s stock valued at $8,575,000 after buying an additional 49,904 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 124.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 49,739 shares of the company’s stock valued at $1,461,000 after buying an additional 27,601 shares in the last quarter. Ferguson Shapiro LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the second quarter worth approximately $3,333,000. Finally, Christensen King & Associates Investment Services Inc. acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the third quarter worth approximately $549,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of ANGL opened at $27.64 on Tuesday. The firm has a market cap of $2.98 billion, a PE ratio of 59.37 and a beta of 0.44. The firm’s 50 day moving average price is $28.28 and its 200 day moving average price is $28.95. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $27.25 and a twelve month high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.1583 dividend. This is a negative change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.1590. This represents a $1.90 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend was Thursday, October 1st.

VanEck Fallen Angel High Yield Bond ETF Company 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.