Wealth Enhancement Advisory Services LLC Has $10.81 Million Stake in VanEck Fallen Angel High Yield Bond ETF $ANGL

Wealth Enhancement Advisory Services LLC grew its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 109.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 370,272 shares of the company’s stock after buying an additional 193,590 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.37% of VanEck Fallen Angel High Yield Bond ETF worth $10,805,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 9.2% in the 1st quarter. Golden State Wealth Management LLC now owns 8,506 shares of the company’s stock valued at $245,000 after buying an additional 715 shares during the period. Prosperity Consulting Group LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 11.4% during the first quarter. Prosperity Consulting Group LLC now owns 111,459 shares of the company’s stock worth $3,217,000 after acquiring an additional 11,396 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.1% during the first quarter. Capital Investment Advisors LLC now owns 3,046,291 shares of the company’s stock worth $87,916,000 after acquiring an additional 120,975 shares in the last quarter. Transamerica Financial Advisors LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 6.5% during the first quarter. Transamerica Financial Advisors LLC now owns 176,905 shares of the company’s stock worth $5,106,000 after acquiring an additional 10,827 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at about $247,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL opened at $29.73 on Tuesday. The business’s 50-day moving average price is $29.28 and its two-hundred day moving average price is $28.82. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.92 and a 1 year high of $29.74. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 59.37 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were given a $0.1497 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

VanEck Fallen Angel High Yield Bond ETF 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.