19,043 Shares in VanEck Fallen Angel High Yield Bond ETF $ANGL Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 19,043 shares of the company’s stock, valued at approximately $566,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ANGL. Capital Investment Advisors LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.5% during the third quarter. Capital Investment Advisors LLC now owns 3,331,232 shares of the company’s stock worth $99,038,000 after acquiring an additional 143,113 shares during the last quarter. Cerity Partners LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 4.1% in the 3rd quarter. Cerity Partners LLC now owns 3,171,491 shares of the company’s stock worth $94,288,000 after purchasing an additional 124,871 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 4.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,225,643 shares of the company’s stock worth $35,887,000 after purchasing an additional 47,147 shares in the last quarter. Ocean Park Asset Management LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 14.9% during the 3rd quarter. Ocean Park Asset Management LLC now owns 1,049,200 shares of the company’s stock valued at $31,193,000 after purchasing an additional 135,800 shares during the last quarter. Finally, Evergreen Capital Management LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.7% during the second quarter. Evergreen Capital Management LLC now owns 1,033,582 shares of the company’s stock valued at $30,263,000 after purchasing an additional 27,409 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $29.59 on Friday. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.92 and a 1 year high of $29.75. The business’s 50 day simple moving average is $29.45 and its 200-day simple moving average is $29.39.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were issued a $0.1599 dividend. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, December 29th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%.

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.