VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Purchased by HF Advisory Group LLC

HF Advisory Group LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 294.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,984 shares of the company’s stock after acquiring an additional 20,145 shares during the quarter. HF Advisory Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $793,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Applied Capital LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth approximately $291,000. Investment Partners Asset Management Inc. purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at approximately $265,000. Paller Financial Services Inc purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at approximately $1,272,000. Stewardship Advisors LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 9.6% during the 4th quarter. Stewardship Advisors LLC now owns 124,544 shares of the company’s stock valued at $3,657,000 after buying an additional 10,879 shares during the last quarter. Finally, Cypress Financial Planning LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 6.3% during the 4th quarter. Cypress Financial Planning LLC now owns 467,398 shares of the company’s stock valued at $13,732,000 after buying an additional 27,857 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.81 on Friday. 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. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 59.37 and a beta of 0.44. The stock has a fifty day moving average of $29.25 and a two-hundred day moving average of $29.40.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be paid a dividend of $0.1745 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

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.