McKinley Carter Wealth Services Inc. Sells 3,188 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

McKinley Carter Wealth Services Inc. lessened its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 14.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,868 shares of the company’s stock after selling 3,188 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $545,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1,856.5% in the 4th quarter. BNP Paribas Financial Markets now owns 900 shares of the company’s stock worth $26,000 after purchasing an additional 854 shares during the period. Biltmore Family Office LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 593.3% in the 4th quarter. Biltmore Family Office LLC now owns 936 shares of the company’s stock worth $27,000 after purchasing an additional 801 shares during the period. Van ECK Associates Corp lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% in the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after purchasing an additional 390 shares during the period. Transce3nd LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth approximately $46,000. Finally, Howe & Rusling Inc. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth approximately $56,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.0%

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.79 on Thursday. The firm has a 50 day moving average of $28.28 and a 200 day moving average of $28.69. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 59.37 and a beta of 0.44. 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 company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.1546 dividend. This represents a $1.86 annualized dividend and a yield of 6.44%. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, June 2nd.

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.