Money Concepts Capital Corp Purchases 19,708 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

Money Concepts Capital Corp grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 10.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 200,174 shares of the company’s stock after purchasing an additional 19,708 shares during the period. Money Concepts Capital Corp owned about 0.19% of VanEck Fallen Angel High Yield Bond ETF worth $5,878,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Caldwell Trust Co lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 306.3% during the fourth quarter. Caldwell Trust Co now owns 1,028 shares of the company’s stock worth $30,000 after purchasing an additional 775 shares during the last quarter. Raleigh Capital Management Inc. bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $35,000. Assetmark Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 766.4% during the fourth quarter. Assetmark Inc. now owns 3,431 shares of the company’s stock worth $101,000 after purchasing an additional 3,035 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the second quarter worth about $129,000. Finally, Nwam LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $200,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.3%

Shares of ANGL stock opened at $29.08 on Tuesday. The business has a 50-day moving average price of $29.04 and a two-hundred day moving average price of $29.33. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $28.35 and a 12-month high of $29.77. The firm has a market cap of $3.05 billion, a P/E ratio of 59.37 and a beta of 0.43.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.1563 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 6.4%.

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.