McKinley Carter Wealth Services Inc. Grows Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

McKinley Carter Wealth Services Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,056 shares of the company’s stock after buying an additional 415 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $632,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Assetmark Inc. grew its holdings 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 position in shares of VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at approximately $45,000. Lowe Wealth Advisors LLC raised its holdings 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 buying an additional 1,804 shares during the period. Great Valley Advisor Group Inc. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock worth $260,000 after acquiring an additional 540 shares during the last quarter. Finally, HBW Advisory Services LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 5.3% during the 4th quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock valued at $275,000 after acquiring an additional 485 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.1 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.03 on Thursday. The stock’s fifty day moving average is $28.92 and its two-hundred day moving average is $28.98. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.98 and a 52 week high of $29.47. The company has a market capitalization of $3.00 billion, a PE ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were paid a $0.1564 dividend. The ex-dividend date was Friday, December 27th. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

About VanEck Fallen Angel High Yield Bond ETF

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.