VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Holdings Raised by Destiny Wealth Partners LLC

Destiny Wealth Partners LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 431,212 shares of the company’s stock after purchasing an additional 29,480 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises about 2.0% of Destiny Wealth Partners LLC’s portfolio, making the stock its 10th largest holding. Destiny Wealth Partners LLC owned about 0.42% of VanEck Fallen Angel High Yield Bond ETF worth $12,363,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. raised its stake in shares of 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 purchasing an additional 1,001 shares during the last quarter. Fortitude Family Office LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth approximately $45,000. Lowe Wealth Advisors LLC raised its position in 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 buying an additional 1,804 shares during the last quarter. Synergy Asset Management LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at approximately $108,000. Finally, Great Valley Advisor Group Inc. boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock valued at $260,000 after acquiring an additional 540 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.04 on Friday. The stock has a market cap of $3.01 billion, a PE ratio of 0.48 and a beta of 0.52. The firm has a fifty day moving average price of $28.92 and a 200 day moving average price of $28.98. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were paid a dividend of $0.1564 per share. 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.

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.