VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Newly Purchased by Silvia Mccoll Wealth Management LLC

Silvia Mccoll Wealth Management LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the third quarter, Holdings Channel.com reports. The firm acquired 126,843 shares of the company’s stock, valued at approximately $3,528,000. VanEck Fallen Angel High Yield Bond ETF comprises 2.1% of Silvia Mccoll Wealth Management LLC’s portfolio, making the stock its 10th biggest position.

Other hedge funds also recently bought and sold shares of the company. Cerity Partners LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 5.1% during the 4th quarter. Cerity Partners LLC now owns 3,334,783 shares of the company’s stock worth $97,926,000 after acquiring an additional 163,292 shares during the period. Kensington Asset Management LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.2% during the 4th quarter. Kensington Asset Management LLC now owns 1,394,430 shares of the company’s stock valued at $40,968,000 after purchasing an additional 30,560 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 708,131 shares of the company’s stock valued at $20,706,000 after purchasing an additional 19,295 shares in the last quarter. Howard Financial Services LTD. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 3.2% in the second quarter. Howard Financial Services LTD. now owns 690,639 shares of the company’s stock worth $20,194,000 after purchasing an additional 21,463 shares during the period. Finally, Ocean Park Asset Management LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth $17,401,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.3%

Shares of ANGL stock traded down $0.07 on Wednesday, reaching $27.64. The company’s stock had a trading volume of 1,065,534 shares, compared to its average volume of 873,518. The company has a market capitalization of $3.03 billion, a P/E ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $27.44 and a 12-month high of $29.77. The stock’s 50 day simple moving average is $28.63 and its 200-day simple moving average is $28.90.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.1583 dividend. This represents a $1.90 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.1590.

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.