Breakwater Capital Group Has $1.10 Million Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Breakwater Capital Group lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 10.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,395 shares of the company’s stock after purchasing an additional 3,525 shares during the period. Breakwater Capital Group’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,101,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in ANGL. EverSource Wealth Advisors LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 138.8% in the second quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock valued at $26,000 after buying an additional 522 shares in the last quarter. Assetmark Inc. boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 281.2% during the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after purchasing an additional 1,001 shares during the last quarter. Fortitude Family Office LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $45,000. Lowe Wealth Advisors LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after purchasing an additional 1,804 shares during the last quarter. Finally, Great Valley Advisor Group Inc. lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% in the third quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock valued at $260,000 after purchasing an additional 540 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $28.55 on Tuesday. The company has a market capitalization of $3.01 billion, a P/E ratio of 0.48 and a beta of 0.52. The stock has a fifty day simple moving average of $28.93 and a 200 day simple moving average of $28.94. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were paid a $0.1564 dividend. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date was Friday, December 27th.

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.