Wealthcare Advisory Partners LLC Raises Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Wealthcare Advisory Partners LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 23.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 426,266 shares of the company’s stock after acquiring an additional 80,595 shares during the period. Wealthcare Advisory Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $12,268,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. VitalStone Financial LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $26,000. Concourse Financial Group Securities Inc. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 408.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,016 shares of the company’s stock worth $27,000 after buying an additional 816 shares during the last quarter. ORG Partners LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at about $33,000. First Horizon Advisors Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 61.0% during the fourth quarter. First Horizon Advisors Inc. now owns 3,612 shares of the company’s stock valued at $104,000 after acquiring an additional 1,369 shares during the last quarter. Finally, Simplex Trading LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at approximately $129,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

VanEck Fallen Angel High Yield Bond ETF stock traded up $0.07 during midday trading on Tuesday, reaching $28.66. 2,723,523 shares of the company traded hands, compared to its average volume of 1,281,935. The business has a 50 day moving average of $28.64 and a two-hundred day moving average of $28.42. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.28 and a 12 month high of $29.21. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 0.48 and a beta of 0.34.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be paid a $0.1511 dividend. This represents a $1.81 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Wednesday, May 1st.

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.