Wealthcare Advisory Partners LLC Increases Stock Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

Wealthcare Advisory Partners LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 653,914 shares of the company’s stock after purchasing an additional 26,039 shares during the period. Wealthcare Advisory Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $19,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 12.3% during the first quarter. Jane Street Group LLC now owns 326,655 shares of the company’s stock worth $9,427,000 after acquiring an additional 35,746 shares during the last quarter. CWM LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 19.9% during the second quarter. CWM LLC now owns 5,218 shares of the company’s stock worth $153,000 after buying an additional 866 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 11.1% during the second quarter. Stratos Wealth Partners LTD. now owns 36,259 shares of the company’s stock worth $1,062,000 after buying an additional 3,621 shares during the period. Towneley Capital Management Inc DE grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 4.5% during the second quarter. Towneley Capital Management Inc DE now owns 128,359 shares of the company’s stock worth $3,758,000 after buying an additional 5,554 shares during the last quarter. Finally, Darrow Company Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 7.6% during the 2nd quarter. Darrow Company Inc. now owns 87,860 shares of the company’s stock valued at $2,570,000 after acquiring an additional 6,176 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1%

Shares of ANGL stock opened at $29.70 on Tuesday. The business’s 50 day moving average is $29.51 and its two-hundred day moving average is $29.44. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.92 and a twelve month high of $29.75. The company has a market capitalization of $3.14 billion, a P/E ratio of 59.37 and a beta of 0.44.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.1591 dividend. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Monday, February 2nd.

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.