World Investment Advisors Buys 3,817 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

World Investment Advisors grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 91,157 shares of the company’s stock after buying an additional 3,817 shares during the quarter. World Investment Advisors owned approximately 0.09% of VanEck Fallen Angel High Yield Bond ETF worth $2,613,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital Investment Advisors LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% during the fourth quarter. Capital Investment Advisors LLC now owns 2,925,316 shares of the company’s stock valued at $83,869,000 after purchasing an additional 116,162 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in VanEck Fallen Angel High Yield Bond ETF by 8.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,499,618 shares of the company’s stock worth $42,994,000 after buying an additional 122,972 shares during the period. Bank of New York Mellon Corp grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,198,889 shares of the company’s stock worth $34,372,000 after acquiring an additional 13,587 shares during the last quarter. RiverFront Investment Group LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 8.9% in the 4th quarter. RiverFront Investment Group LLC now owns 730,415 shares of the company’s stock valued at $20,941,000 after acquiring an additional 59,762 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $19,086,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 2.6 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $27.68 on Friday. The stock has a market cap of $3.09 billion, a price-to-earnings ratio of 60.45 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The company’s fifty day moving average is $28.90 and its 200 day moving average is $28.97.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.1578 dividend. This represents a $1.89 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.16.

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.