Global View Capital Management LLC Takes Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Global View Capital Management LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 4th quarter, Holdings Channel reports. The firm bought 10,742 shares of the company’s stock, valued at approximately $308,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its stake 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 buying an additional 38,164 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at approximately $424,000. Bank of New York Mellon Corp boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,198,889 shares of the company’s stock valued at $34,372,000 after buying an additional 13,587 shares during the period. Ashton Thomas Private Wealth LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.8% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 32,037 shares of the company’s stock valued at $919,000 after buying an additional 863 shares during the period. Finally, Strategic Financial Concepts LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 21,331 shares of the company’s stock valued at $612,000 after buying an additional 757 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.0 %

Shares of ANGL stock opened at $29.03 on Tuesday. The stock has a market cap of $3.01 billion, a P/E ratio of 60.80 and a beta of 0.52. The stock has a 50 day simple moving average of $28.89 and a 200 day simple moving average of $29.01. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $30.32.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1361 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.