VanEck Fallen Angel High Yield Bond ETF $ANGL is Silvia Mccoll Wealth Management LLC’s 9th Largest Position

Silvia Mccoll Wealth Management LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,164 shares of the company’s stock after purchasing an additional 512 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for about 2.5% of Silvia Mccoll Wealth Management LLC’s holdings, making the stock its 9th biggest position. Silvia Mccoll Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $3,489,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Golden State Wealth Management LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 9.2% in the first quarter. Golden State Wealth Management LLC now owns 8,506 shares of the company’s stock worth $245,000 after purchasing an additional 715 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 109.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 370,272 shares of the company’s stock valued at $10,805,000 after acquiring an additional 193,590 shares in the last quarter. Prosperity Consulting Group LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 11.4% during the first quarter. Prosperity Consulting Group LLC now owns 111,459 shares of the company’s stock valued at $3,217,000 after acquiring an additional 11,396 shares in the last quarter. Capital Investment Advisors LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 4.1% during the first quarter. Capital Investment Advisors LLC now owns 3,046,291 shares of the company’s stock valued at $87,916,000 after acquiring an additional 120,975 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 6.5% during the first quarter. Transamerica Financial Advisors LLC now owns 176,905 shares of the company’s stock valued at $5,106,000 after acquiring an additional 10,827 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.0%

Shares of NASDAQ:ANGL opened at $29.64 on Friday. The company has a 50 day moving average of $29.38 and a 200 day moving average of $28.87. The stock has a market cap of $3.13 billion, a P/E ratio of 59.37 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.92 and a 12 month high of $29.75.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.1465 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 5.9%.

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.