Napier Financial LLC Purchases New Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

Napier Financial LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 203,254 shares of the company’s stock, valued at approximately $5,969,000. VanEck Fallen Angel High Yield Bond ETF makes up 1.5% of Napier Financial LLC’s holdings, making the stock its 19th biggest holding. Napier Financial LLC owned about 0.19% of VanEck Fallen Angel High Yield Bond ETF as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Arrowpoint Investment Partners Singapore Pte. Ltd. grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 37.6% in the 4th quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. now owns 42,100 shares of the company’s stock valued at $1,236,000 after buying an additional 11,500 shares in the last quarter. Deseret Mutual Benefit Administrators grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.1% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 27,532 shares of the company’s stock valued at $808,000 after buying an additional 562 shares in the last quarter. Comprehensive Wealth Management LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 23.1% in the 4th quarter. Comprehensive Wealth Management LLC now owns 76,971 shares of the company’s stock valued at $2,260,000 after buying an additional 14,443 shares in the last quarter. Performa Ltd US LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.4% in the 4th quarter. Performa Ltd US LLC now owns 119,217 shares of the company’s stock valued at $3,501,000 after buying an additional 3,900 shares in the last quarter. Finally, WCG Wealth Advisors LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 813.6% in the 4th quarter. WCG Wealth Advisors LLC now owns 296,532 shares of the company’s stock valued at $8,708,000 after buying an additional 264,076 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ ANGL opened at $28.94 on Monday. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of 59.37 and a beta of 0.43. The business has a 50 day simple moving average of $29.05 and a 200 day simple moving average of $29.28. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $28.35 and a 52 week high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.1535 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 6.4%.

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.