Congress Wealth Management LLC DE Has $3.43 Million Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Congress Wealth Management LLC DE lessened its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,565 shares of the company’s stock after selling 688 shares during the period. Congress Wealth Management LLC DE owned 0.12% of VanEck Fallen Angel High Yield Bond ETF worth $3,428,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. US Bancorp DE increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 48.0% in the 4th quarter. US Bancorp DE now owns 4,679 shares of the company’s stock valued at $134,000 after buying an additional 1,517 shares during the period. Charles Schwab Investment Management Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock worth $40,487,000 after purchasing an additional 38,164 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter worth about $424,000. Bank of New York Mellon Corp raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,198,889 shares of the company’s stock worth $34,372,000 after purchasing an additional 13,587 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF by 2.8% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 32,037 shares of the company’s stock valued at $919,000 after purchasing an additional 863 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ:ANGL opened at $28.89 on Thursday. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 60.45 and a beta of 0.52. The company has a 50 day moving average of $28.95 and a 200-day moving average of $29.00. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.98 and a one year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1361 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.