Sebold Capital Management Inc. Has $1.79 Million Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Sebold Capital Management Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 59.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 62,059 shares of the company’s stock after acquiring an additional 23,212 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF makes up 1.3% of Sebold Capital Management Inc.’s portfolio, making the stock its 20th largest holding. Sebold Capital Management Inc. owned about 0.06% of VanEck Fallen Angel High Yield Bond ETF worth $1,786,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. US Bancorp DE boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 66.1% in the second quarter. US Bancorp DE now owns 915 shares of the company’s stock worth $25,000 after purchasing an additional 364 shares in the last quarter. VitalStone Financial LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth approximately $26,000. Concourse Financial Group Securities Inc. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 408.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,016 shares of the company’s stock valued at $27,000 after acquiring an additional 816 shares during the period. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at about $41,000. Finally, FMR LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 1,600.0% in the first quarter. FMR LLC now owns 1,700 shares of the company’s stock valued at $48,000 after acquiring an additional 1,600 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ:ANGL opened at $29.04 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.21. The company has a market capitalization of $3.09 billion, a price-to-earnings ratio of 59.99 and a beta of 0.52. The firm’s 50 day simple moving average is $28.83 and its 200 day simple moving average is $28.12.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were paid a $0.1384 dividend. The ex-dividend date was Friday, March 1st. This represents a $1.66 annualized dividend and a yield of 5.72%.

About VanEck Fallen Angel High Yield Bond ETF

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.