VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Acquired by World Investment Advisors

World Investment Advisors lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 102.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 71,688 shares of the company’s stock after acquiring an additional 36,240 shares during the period. World Investment Advisors’ holdings in VanEck Fallen Angel High Yield Bond ETF were worth $2,059,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. IFC & Insurance Marketing Inc. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at approximately $26,000. Caldwell Trust Co grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 306.3% in the fourth quarter. Caldwell Trust Co now owns 1,028 shares of the company’s stock worth $30,000 after purchasing an additional 775 shares in the last quarter. Raleigh Capital Management Inc. acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $35,000. SHP Wealth Management bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at about $98,000. Finally, Assetmark Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 766.4% in the fourth quarter. Assetmark Inc. now owns 3,431 shares of the company’s stock worth $101,000 after purchasing an additional 3,035 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.2%

ANGL traded down $0.05 on Tuesday, reaching $29.13. The company had a trading volume of 237,826 shares, compared to its average volume of 887,399. The company has a fifty day moving average of $29.10 and a 200-day moving average of $29.24. The company has a market capitalization of $3.11 billion, a P/E ratio of 59.37 and a beta of 0.42. VanEck Fallen Angel High Yield Bond ETF has a one year low of $28.35 and a one year high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a $0.171 dividend. This represents a c) annualized dividend and a dividend yield of 7.0%. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date is Wednesday, July 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.