VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Short Interest Update

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 773,700 shares, a growth of 26.4% from the January 15th total of 612,300 shares. Based on an average daily volume of 779,100 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of VanEck Fallen Angel High Yield Bond ETF

Several institutional investors have recently made changes to their positions in ANGL. Cornerstone Wealth Management LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 11.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 39,690 shares of the company’s stock valued at $1,167,000 after acquiring an additional 3,988 shares in the last quarter. Marshall Financial Group LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $328,000. BCS Wealth Management boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.3% during the 3rd quarter. BCS Wealth Management now owns 29,534 shares of the company’s stock valued at $869,000 after acquiring an additional 670 shares in the last quarter. CHB Investment Group LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $8,744,000. Finally, New Century Financial Group LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 9.0% during the 3rd quarter. New Century Financial Group LLC now owns 12,545 shares of the company’s stock valued at $369,000 after purchasing an additional 1,034 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL opened at $28.97 on Friday. The company’s fifty day moving average is $28.87 and its two-hundred day moving average is $28.99. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.98 and a 52-week high of $29.47. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1563 per share. The ex-dividend date was Monday, February 3rd.

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.