VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) is Capital Investment Advisors LLC’s 8th Largest Position

Capital Investment Advisors LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,925,316 shares of the company’s stock after purchasing an additional 116,162 shares during the period. VanEck Fallen Angel High Yield Bond ETF comprises 1.7% of Capital Investment Advisors LLC’s holdings, making the stock its 8th largest position. Capital Investment Advisors LLC owned approximately 2.77% of VanEck Fallen Angel High Yield Bond ETF worth $83,869,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ANGL. EverSource Wealth Advisors LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 138.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after purchasing an additional 522 shares during the period. Assetmark Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 281.2% in the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after buying an additional 1,001 shares during the last quarter. Fortitude Family Office LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at $45,000. Lowe Wealth Advisors LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% during the 4th quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after acquiring an additional 1,804 shares during the period. Finally, Great Valley Advisor Group Inc. grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock worth $260,000 after acquiring an additional 540 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2 %

VanEck Fallen Angel High Yield Bond ETF stock traded down $0.05 during midday trading on Monday, reaching $28.52. The stock had a trading volume of 394,504 shares, compared to its average volume of 909,581. The firm has a market capitalization of $3.01 billion, a PE ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47. The firm’s 50-day moving average price is $28.94 and its 200 day moving average price is $28.93.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 27th were given a $0.1564 dividend. The ex-dividend date of this dividend was Friday, December 27th. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

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.