Steward Partners Investment Advisory LLC Boosts Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Steward Partners Investment Advisory LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,048 shares of the company’s stock after purchasing an additional 3,290 shares during the period. Steward Partners Investment Advisory LLC owned 0.09% of VanEck Fallen Angel High Yield Bond ETF worth $2,639,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after buying an additional 38,164 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at $424,000. Strategic Financial Concepts LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 3.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 21,331 shares of the company’s stock valued at $612,000 after acquiring an additional 757 shares in the last quarter. Lowe Wealth Advisors LLC grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% during 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, Wealthcare Advisory Partners LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 557,240 shares of the company’s stock worth $15,976,000 after purchasing an additional 19,841 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.7 %

Shares of NASDAQ ANGL opened at $29.02 on Friday. The business has a 50-day moving average price of $28.88 and a 200 day moving average price of $29.02. The stock has a market cap of $3.01 billion, a PE ratio of 60.80 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.98 and a 52-week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1361 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.