VanEck Fallen Angel High Yield Bond ETF $ANGL Stock Acquired by Allworth Financial LP

Allworth Financial LP increased its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 435,808 shares of the company’s stock after buying an additional 29,712 shares during the period. Allworth Financial LP’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $12,743,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ANGL. Silvia Mccoll Wealth Management LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at about $3,528,000. Tidal Investments LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 20.5% in the 2nd quarter. Tidal Investments LLC now owns 293,253 shares of the company’s stock valued at $8,575,000 after purchasing an additional 49,904 shares during the last quarter. Christensen King & Associates Investment Services Inc. bought a new position in VanEck Fallen Angel High Yield Bond ETF during the third quarter worth about $549,000. Towneley Capital Management Inc DE bought a new position in VanEck Fallen Angel High Yield Bond ETF during the third quarter worth about $3,948,000. Finally, Winebrenner Capital Management LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the third quarter worth about $912,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2%

Shares of NASDAQ ANGL opened at $27.39 on Friday. The business’s 50 day moving average price is $27.88 and its two-hundred day moving average price is $28.80. The company has a market cap of $2.83 billion, a PE ratio of 59.37 and a beta of 0.45. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $27.25 and a twelve month high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.1688 per share. The ex-dividend date was Monday, November 2nd. This represents a $2.03 annualized dividend and a dividend yield of 7.4%. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.1583.

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.