Stewardship Advisors LLC Takes Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Stewardship Advisors LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 103,797 shares of the company’s stock, valued at approximately $3,053,000. VanEck Fallen Angel High Yield Bond ETF accounts for about 0.9% of Stewardship Advisors LLC’s holdings, making the stock its 29th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mosaic Family Wealth Partners LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 1.1% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 139,968 shares of the company’s stock valued at $4,062,000 after buying an additional 1,475 shares during the period. CreativeOne Wealth LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the first quarter worth $225,000. Cornerstone Wealth Group LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $2,175,000. Bank of Montreal Can increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 482.2% during the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock worth $15,463,000 after purchasing an additional 448,415 shares during the period. Finally, Hobart Private Capital LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 45.8% in the 1st quarter. Hobart Private Capital LLC now owns 36,508 shares of the company’s stock valued at $1,059,000 after purchasing an additional 11,468 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.4 %

Shares of NASDAQ ANGL traded down $0.12 during mid-day trading on Monday, reaching $29.10. 269,717 shares of the company were exchanged, compared to its average volume of 1,026,930. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The firm has a 50-day moving average of $29.16 and a 200 day moving average of $28.75. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.28 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1501 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.