Winebrenner Capital Management LLC Purchases New Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Winebrenner Capital Management LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 36,030 shares of the company’s stock, valued at approximately $1,033,000.

Other institutional investors have also recently bought and sold shares of the company. Tcfg Wealth Management LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.5% during the 4th quarter. Tcfg Wealth Management LLC now owns 10,199 shares of the company’s stock valued at $292,000 after buying an additional 347 shares during the period. Jaffetilchin Investment Partners LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 1.2% during the third quarter. Jaffetilchin Investment Partners LLC now owns 28,909 shares of the company’s stock valued at $850,000 after purchasing an additional 350 shares during the last quarter. Authentikos Wealth Advisory LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 5.1% in the fourth quarter. Authentikos Wealth Advisory LLC now owns 8,010 shares of the company’s stock valued at $230,000 after purchasing an additional 386 shares in the last quarter. Retirement Guys Formula LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 0.7% in the 4th quarter. Retirement Guys Formula LLC now owns 55,039 shares of the company’s stock worth $1,578,000 after purchasing an additional 390 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% during the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after purchasing an additional 390 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $28.89 on Friday. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The stock has a 50-day simple moving average of $28.85 and a 200-day simple moving average of $29.01. 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 firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1563 dividend. The ex-dividend date was Monday, February 3rd.

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.