VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 557,240 shares of the company’s stock after acquiring an additional 19,841 shares during the period. Wealthcare Advisory Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $15,976,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ANGL. Charles Schwab Investment Management Inc. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after acquiring an additional 38,164 shares in the last quarter. Bank of Montreal Can lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 482.2% in the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock valued at $15,463,000 after purchasing an additional 448,415 shares in the last quarter. Heritage Oak Wealth Advisors LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at about $274,000. Peak Financial Advisors LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth about $5,888,000. Finally, 1832 Asset Management L.P. grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% during the second quarter. 1832 Asset Management L.P. now owns 1,229,659 shares of the company’s stock worth $34,799,000 after buying an additional 10,666 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of ANGL opened at $28.88 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47. The company’s 50 day simple moving average is $28.93 and its 200 day simple moving average is $28.94. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were paid a dividend of $0.1564 per share. The ex-dividend date of this dividend was Friday, December 27th. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

VanEck Fallen Angel High Yield Bond ETF 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.