VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Tranquilli Financial Advisor LLC

Tranquilli Financial Advisor LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,016 shares of the company’s stock after purchasing an additional 1,107 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF makes up approximately 1.0% of Tranquilli Financial Advisor LLC’s holdings, making the stock its 26th largest position. Tranquilli Financial Advisor LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,617,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cooper Financial Group raised its stake in VanEck Fallen Angel High Yield Bond ETF by 5.6% during the 1st quarter. Cooper Financial Group now owns 106,881 shares of the company’s stock valued at $3,085,000 after acquiring an additional 5,704 shares in the last quarter. Biltmore Family Office LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 48.9% in the 1st quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock worth $40,000 after buying an additional 458 shares in the last quarter. Darrow Company Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.2% in the 1st quarter. Darrow Company Inc. now owns 81,684 shares of the company’s stock worth $2,357,000 after buying an additional 2,530 shares in the last quarter. FSA Wealth Partners Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 6.0% in the 1st quarter. FSA Wealth Partners Inc. now owns 56,865 shares of the company’s stock worth $1,641,000 after buying an additional 3,201 shares in the last quarter. Finally, Savvy Advisors Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 10.4% in the 1st quarter. Savvy Advisors Inc. now owns 71,631 shares of the company’s stock worth $2,067,000 after buying an additional 6,775 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.0%

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.10 on Monday. The stock’s fifty day moving average is $28.99 and its 200-day moving average is $28.73. The firm has a market capitalization of $2.96 billion, a PE ratio of 59.37 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.92 and a 12-month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Friday, August 1st were issued a dividend of $0.1566 per share. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date was Friday, August 1st.

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.