Sebold Capital Management Inc. Boosts Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Sebold Capital Management Inc. grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 59.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 62,059 shares of the company’s stock after purchasing an additional 23,212 shares during the period. VanEck Fallen Angel High Yield Bond ETF comprises 1.3% of Sebold Capital Management Inc.’s investment portfolio, making the stock its 20th largest holding. Sebold Capital Management Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,786,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ANGL. Cerity Partners LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth about $53,391,000. Wright Fund Management LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter worth $27,539,000. 1832 Asset Management L.P. bought a new position in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at $29,769,000. Bank of New York Mellon Corp acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth $26,364,000. Finally, State of Tennessee Treasury Department increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 38.5% in the second quarter. State of Tennessee Treasury Department now owns 3,269,600 shares of the company’s stock valued at $90,797,000 after buying an additional 909,584 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.4 %

Shares of ANGL opened at $29.04 on Thursday. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of 59.99 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $29.21. The stock has a 50 day moving average of $28.83 and a 200-day moving average of $28.12.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were given a $0.1384 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.72%.

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.