VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 514,602 shares of the company’s stock after purchasing an additional 25,076 shares during the quarter. AE Wealth Management LLC owned approximately 0.49% of VanEck Fallen Angel High Yield Bond ETF worth $15,299,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 8.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 63,553 shares of the company’s stock worth $1,889,000 after buying an additional 4,706 shares during the last quarter. Truist Financial Corp grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 38.8% during the 3rd quarter. Truist Financial Corp now owns 14,089 shares of the company’s stock valued at $419,000 after buying an additional 3,939 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the third quarter worth about $387,000. Symphony Financial Ltd. Co. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.6% in the third quarter. Symphony Financial Ltd. Co. now owns 303,847 shares of the company’s stock worth $9,021,000 after acquiring an additional 4,869 shares during the last quarter. Finally, Simplicity Wealth LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the third quarter valued at approximately $566,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.0%

NASDAQ:ANGL opened at $29.58 on Friday. The stock has a 50 day moving average of $29.48 and a 200-day moving average of $29.40. The firm has a market capitalization of $3.11 billion, a PE ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.92 and a 52 week high of $29.75.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

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

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.