White Pine Capital LLC Increases Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

White Pine Capital LLC grew its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 9.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 37,586 shares of the company’s stock after buying an additional 3,126 shares during the period. White Pine Capital LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,078,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the third quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock valued at $110,958,000 after buying an additional 246,899 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 2,925,316 shares of the company’s stock valued at $83,869,000 after acquiring an additional 116,162 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 2.6% during the 3rd quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock valued at $82,419,000 after acquiring an additional 70,163 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock worth $40,487,000 after acquiring an additional 38,164 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 54.4% during the third quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock valued at $23,607,000 after purchasing an additional 282,668 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.5 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $28.92 on Friday. 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 has a market cap of $2.99 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The company’s 50 day moving average is $28.88 and its 200 day moving average is $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1563 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.