VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Bought by Optivise Advisory Services LLC

Optivise Advisory Services LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 80.3% during the 4th quarter, Holdings Channel reports. The firm owned 50,753 shares of the company’s stock after acquiring an additional 22,610 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises approximately 0.9% of Optivise Advisory Services LLC’s investment portfolio, making the stock its 29th largest position. Optivise Advisory Services LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Jane Street Group LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 12.3% during the first quarter. Jane Street Group LLC now owns 326,655 shares of the company’s stock worth $9,427,000 after buying an additional 35,746 shares during the period. Creative Planning acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at $269,000. CreativeOne Wealth LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth $314,000. Steward Partners Investment Advisory LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 22.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 143,719 shares of the company’s stock worth $4,208,000 after acquiring an additional 26,612 shares during the last quarter. Finally, Financial Advocates Investment Management lifted its position in VanEck Fallen Angel High Yield Bond ETF by 6.6% during the 2nd quarter. Financial Advocates Investment Management now owns 45,193 shares of the company’s stock worth $1,323,000 after acquiring an additional 2,781 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.73 on Thursday. The business’s 50-day simple moving average is $29.37 and its two-hundred day simple moving average is $29.44. The company has a market cap of $3.03 billion, a PE ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.92 and a fifty-two week high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.1405 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

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.