Wealthcare Advisory Partners LLC Purchases 33,030 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Wealthcare Advisory Partners LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 459,296 shares of the company’s stock after acquiring an additional 33,030 shares during the quarter. Wealthcare Advisory Partners LLC owned approximately 0.42% of VanEck Fallen Angel High Yield Bond ETF worth $13,329,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. State of Tennessee Treasury Department boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 61.9% in the 4th quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock worth $113,209,000 after purchasing an additional 1,504,000 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.2% in the 4th quarter. Capital Investment Advisors LLC now owns 2,713,464 shares of the company’s stock worth $78,094,000 after purchasing an additional 84,710 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 10.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,167,274 shares of the company’s stock worth $62,374,000 after purchasing an additional 211,090 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 53.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock worth $55,796,000 after purchasing an additional 721,999 shares in the last quarter. Finally, Morningstar Investment Services LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 98.6% in the 4th quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock worth $49,964,000 after purchasing an additional 860,132 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of ANGL traded up $0.01 during mid-day trading on Thursday, reaching $28.43. The company had a trading volume of 61,783 shares, compared to its average volume of 1,175,227. The firm has a 50-day moving average price of $28.50 and a 200 day moving average price of $28.70. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $29.21. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 6th. Investors of record on Monday, June 3rd were issued a $0.1562 dividend. The ex-dividend date of this dividend was Monday, June 3rd.

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.