Cwm LLC Has $1.44 Million Stake in VanEck Fallen Angel High Yield Bond ETF $ANGL

Cwm LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 825.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,294 shares of the company’s stock after purchasing an additional 43,076 shares during the quarter. Cwm LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,436,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Capital Investment Advisors LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 4.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 3,188,119 shares of the company’s stock worth $93,348,000 after acquiring an additional 141,828 shares during the last quarter. Cerity Partners LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.2% in the second quarter. Cerity Partners LLC now owns 3,046,620 shares of the company’s stock worth $89,205,000 after purchasing an additional 95,886 shares in the last quarter. 1832 Asset Management L.P. boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.0% during the second quarter. 1832 Asset Management L.P. now owns 1,225,643 shares of the company’s stock worth $35,887,000 after purchasing an additional 47,147 shares during the last quarter. Evergreen Capital Management LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 2.7% in the second quarter. Evergreen Capital Management LLC now owns 1,033,582 shares of the company’s stock valued at $30,263,000 after purchasing an additional 27,409 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 3.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 627,875 shares of the company’s stock valued at $18,384,000 after purchasing an additional 19,564 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $29.40 on Monday. The business’s 50-day simple moving average is $29.40 and its 200 day simple moving average is $29.34. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.92 and a 52-week high of $29.75. The firm has a market capitalization of $3.13 billion, a PE ratio of 59.37 and a beta of 0.44.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a dividend of $0.1599 per share. This represents a c) dividend on an annualized basis and a yield of 6.5%. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, December 29th.

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.