Baker Ellis Asset Management LLC Buys 5,650 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Baker Ellis Asset Management LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 15.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Stifel Financial Corp grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 8.5% in the 3rd quarter. Stifel Financial Corp now owns 325,160 shares of the company’s stock worth $8,799,000 after buying an additional 25,445 shares during the last quarter. Mutual Advisors LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 292.1% in the 3rd quarter. Mutual Advisors LLC now owns 33,225 shares of the company’s stock worth $899,000 after buying an additional 24,751 shares during the last quarter. Morningstar Investment Services LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.4% in the 3rd quarter. Morningstar Investment Services LLC now owns 872,311 shares of the company’s stock worth $23,692,000 after buying an additional 3,343 shares during the last quarter. Ancora Advisors LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.6% in the 3rd quarter. Ancora Advisors LLC now owns 27,126 shares of the company’s stock worth $734,000 after buying an additional 1,677 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 53.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock worth $55,796,000 after buying an additional 721,999 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ ANGL traded down $0.10 during mid-day trading on Friday, hitting $28.30. 1,134,611 shares of the stock traded hands, 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 company has a market cap of $2.92 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The stock has a fifty day moving average price of $28.52 and a 200-day moving average price of $28.70.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 6th. Investors of record on Monday, June 3rd were given a dividend of $0.1562 per share. The ex-dividend date of this dividend was Monday, June 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.