VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Short-Term Interest Drops 29.2%

0

VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ:ANGL – Get Rating) was the target of a sharp drop in short-term interest during the month of February. As of February 15, there was short interest totaling 2,300,000 shares, a decrease of 29.2% from the total of 3,250,000 shares as of January 31. Based on an average daily volume of 2,126,300 shares, the short interest rate is currently 1.1 days.

NASDAQ:ANGL opened at $30.48 on Friday. VanEck Vectors Fallen Angel High Yield Bond ETF has a 1-year low of $30.27 and a 1-year high of $33.43. The company has a 50-day simple moving average of $31.65 and a 200-day simple moving average of $32.52.

The company also recently declared a monthly dividend, which will be paid on Monday, March 7. Shareholders of record on Wednesday, March 2 will receive a dividend of $0.087. The ex-dividend date is Tuesday, March 1. This represents an annualized dividend of $1.04 and a dividend yield of 3.43%.

Several hedge funds and other institutional investors have recently changed their holdings in the company. Rovin Capital UT ADV bought a new position in VanEck Vectors Fallen Angel High Yield Bond ETF during Q4 for a value of $1,277,000. Visionary Wealth Advisors increased its holdings in the VanEck Vectors Fallen Angel High Yield Bond ETF by 9.1% during the 4th quarter. Visionary Wealth Advisors now owns 182,311 shares of the company worth $6,011,000 after purchasing an additional 15,263 shares during the period. Wells Fargo & Company MN increased its holdings in VanEck Vectors Fallen Angel High Yield Bond ETF by 0.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,987,789 shares of the company worth $98,508,000 after purchasing an additional 26,729 shares during the period. Jaffetilchin Investment Partners LLC increased its holdings in VanEck Vectors Fallen Angel High Yield Bond ETF by 5.1% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 422,340 shares of the company worth $13,925,000 after purchasing an additional 20,519 shares during the period. Finally, Allianz Asset Management GmbH increased its holdings in VanEck Vectors Fallen Angel High Yield Bond ETF by 482.7% during the 4th quarter. Allianz Asset Management GmbH now owns 1,503,289 shares of the company worth $49,556,000 after purchasing an additional 1,245,304 shares during the period.

(A d)

“There are not enough semiconductor chips in the world to meet the growing demand. But due to the global chip shortage…

These four companies are well positioned to take advantage of this rapidly growing demand over the next 12 months and beyond. ”

Read more

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in the VanEck Vectors Fallen Angel High Yield Bond ETF right now?

Before you consider the VanEck Vectors Fallen Angel High Yield Bond ETF, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes over…and the VanEck Vectors Fallen Angel High Yield Bond ETF didn’t make the list.

While the VanEck Vectors Fallen Angel High Yield Bond ETF currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Share.

Comments are closed.