Silvia Mccoll Wealth Management LLC Makes New $3.53 Million Investment in VanEck Fallen Angel High Yield Bond ETF $ANGL

Silvia Mccoll Wealth Management LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 126,843 shares of the company’s stock, valued at approximately $3,528,000. VanEck Fallen Angel High Yield Bond ETF accounts for approximately 2.1% of Silvia Mccoll Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Silvia Mccoll Wealth Management LLC owned approximately 0.12% of VanEck Fallen Angel High Yield Bond ETF at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 5.1% during the fourth quarter. Cerity Partners LLC now owns 3,334,783 shares of the company’s stock worth $97,926,000 after purchasing an additional 163,292 shares during the period. Kensington Asset Management LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.2% in the fourth quarter. Kensington Asset Management LLC now owns 1,394,430 shares of the company’s stock worth $40,968,000 after purchasing an additional 30,560 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 708,131 shares of the company’s stock valued at $20,706,000 after purchasing an additional 19,295 shares during the period. Howard Financial Services LTD. raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.2% in the second quarter. Howard Financial Services LTD. now owns 690,639 shares of the company’s stock valued at $20,194,000 after purchasing an additional 21,463 shares during the period. Finally, Ocean Park Asset Management LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter valued at approximately $17,401,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock traded down $0.07 during mid-day trading on Wednesday, reaching $27.64. The company’s stock had a trading volume of 1,065,534 shares, compared to its average volume of 873,518. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $27.44 and a 12-month high of $29.77. The company has a market capitalization of $3.03 billion, a P/E ratio of 59.37 and a beta of 0.44. The firm’s fifty day moving average price is $28.63 and its two-hundred day moving average price is $28.90.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.1583 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.1590. This represents a $1.90 dividend on an annualized basis and a dividend yield of 6.9%.

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.