VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Position Boosted by Silvia Mccoll Wealth Management LLC

Silvia Mccoll Wealth Management LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 116,711 shares of the company’s stock after purchasing an additional 4,765 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises approximately 2.5% of Silvia Mccoll Wealth Management LLC’s holdings, making the stock its 8th largest holding. Silvia Mccoll Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $3,346,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Millennium Management LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $21,998,000. Bank of Montreal Can lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 482.2% in the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock valued at $15,463,000 after acquiring an additional 448,415 shares during the last quarter. CHB Investment Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the third quarter worth about $8,744,000. Integrated Wealth Concepts LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 54.4% during the third quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock worth $23,607,000 after acquiring an additional 282,668 shares during the last quarter. Finally, LPL Financial LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 7.0% during the third quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock valued at $110,958,000 after purchasing an additional 246,899 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of VanEck Fallen Angel High Yield Bond ETF stock traded up $0.23 on Wednesday, reaching $28.80. The company had a trading volume of 75,495 shares, compared to its average volume of 846,902. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The firm’s 50-day moving average price is $28.93 and its two-hundred day moving average price is $28.94. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year 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 dividend of $0.1564 per share. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Friday, December 27th.

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.