World Investment Advisors Raises Stock Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

World Investment Advisors lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 102.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,688 shares of the company’s stock after acquiring an additional 36,240 shares during the quarter. World Investment Advisors owned about 0.07% of VanEck Fallen Angel High Yield Bond ETF worth $2,059,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $26,000. Caldwell Trust Co grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 306.3% in the fourth quarter. Caldwell Trust Co now owns 1,028 shares of the company’s stock valued at $30,000 after buying an additional 775 shares in the last quarter. Raleigh Capital Management Inc. purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at about $35,000. SHP Wealth Management purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at about $98,000. Finally, Assetmark Inc. lifted its position in VanEck Fallen Angel High Yield Bond ETF by 766.4% during the 4th quarter. Assetmark Inc. now owns 3,431 shares of the company’s stock worth $101,000 after acquiring an additional 3,035 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL traded down $0.05 on Tuesday, reaching $29.13. The company had a trading volume of 237,826 shares, compared to its average volume of 887,399. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $28.35 and a 1 year high of $29.77. The firm has a 50-day moving average of $29.10 and a 200-day moving average of $29.24. The firm has a market capitalization of $3.11 billion, a PE ratio of 59.37 and a beta of 0.42.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.171 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%.

VanEck Fallen Angel High Yield Bond ETF Company 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.