Wealthcare Advisory Partners LLC Boosts Stock Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

Wealthcare Advisory Partners LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 653,914 shares of the company’s stock after acquiring an additional 26,039 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.63% of VanEck Fallen Angel High Yield Bond ETF worth $19,441,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ANGL. Thrivent Financial for Lutherans acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at approximately $8,275,000. Tidal Investments LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth approximately $8,244,000. Live Oak Investment Partners purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at approximately $6,237,000. Capital Investment Advisors LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 4.5% in 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 in the last quarter. Finally, Ocean Park Asset Management LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 14.9% in the third quarter. Ocean Park Asset Management LLC now owns 1,049,200 shares of the company’s stock worth $31,193,000 after acquiring an additional 135,800 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1%

Shares of NASDAQ ANGL opened at $29.70 on Tuesday. The stock has a market cap of $3.14 billion, a P/E ratio of 59.37 and a beta of 0.44. The business’s fifty day simple moving average is $29.51 and its 200-day simple moving average is $29.44. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.92 and a 12-month high of $29.75.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.1591 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Monday, February 2nd.

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.