VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Plans Monthly Dividend of $0.16

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) announced a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be given a dividend of 0.159 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, September 1st.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL stock traded down $0.29 during mid-day trading on Tuesday, hitting $28.72. 496,307 shares of the company were exchanged, compared to its average volume of 860,149. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $28.35 and a 1-year high of $29.77. The firm’s 50 day simple moving average is $29.04 and its 200 day simple moving average is $29.10. The firm has a market cap of $3.03 billion, a P/E ratio of 59.37 and a beta of 0.42.

About VanEck Fallen Angel High Yield Bond ETF

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.