Rockport Wealth LLC Purchases Shares of 7,718 VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Rockport Wealth LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 7,718 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors also recently bought and sold shares of the company. RiverFront Investment Group LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 37.1% in the 4th quarter. RiverFront Investment Group LLC now owns 459,999 shares of the company’s stock valued at $13,238,000 after acquiring an additional 124,546 shares during the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth $6,174,000. Geneos Wealth Management Inc. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 1.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 26,678 shares of the company’s stock worth $768,000 after buying an additional 364 shares during the last quarter. Zimmermann Investment Management & Planning LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 13.6% during the 4th quarter. Zimmermann Investment Management & Planning LLC now owns 129,816 shares of the company’s stock worth $3,736,000 after buying an additional 15,556 shares during the last quarter. Finally, Aviance Capital Partners LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth $435,000.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.0 %

Shares of ANGL stock traded up $0.01 on Tuesday, reaching $28.75. 948,675 shares of the stock were exchanged, compared to its average volume of 1,134,155. The stock has a market cap of $3.04 billion, a P/E ratio of 0.48 and a beta of 0.52. The firm has a 50 day moving average of $28.54 and a two-hundred day moving average of $28.66. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.28 and a 1-year high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a dividend of $0.1507 per share. The ex-dividend date was Monday, July 1st.

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.