VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Acquired by LifeWealth Investments LLC

LifeWealth Investments LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 27.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,522 shares of the company’s stock after purchasing an additional 2,291 shares during the quarter. LifeWealth Investments LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Biltmore Family Office LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 48.9% in the 1st quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock valued at $40,000 after purchasing an additional 458 shares during the last quarter. Costello Asset Management INC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at about $44,000. Assetmark Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 293.0% in the 1st quarter. Assetmark Inc. now owns 2,480 shares of the company’s stock valued at $72,000 after purchasing an additional 1,849 shares during the last quarter. Bogart Wealth LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 41.0% in the 1st quarter. Bogart Wealth LLC now owns 2,540 shares of the company’s stock valued at $73,000 after purchasing an additional 738 shares during the last quarter. Finally, CWM LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 19.9% in the 2nd quarter. CWM LLC now owns 5,218 shares of the company’s stock valued at $153,000 after purchasing an additional 866 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1%

Shares of ANGL stock opened at $29.53 on Friday. The firm has a 50-day moving average price of $29.48 and a 200 day moving average price of $28.95. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.92 and a twelve month high of $29.75. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 59.37 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.1465 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 6.0%.

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.