VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Purchased by Occidental Asset Management LLC

Occidental Asset Management LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 15.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 203,595 shares of the company’s stock after purchasing an additional 26,734 shares during the period. VanEck Fallen Angel High Yield Bond ETF makes up 1.1% of Occidental Asset Management LLC’s holdings, making the stock its 21st biggest holding. Occidental Asset Management LLC owned approximately 0.19% of VanEck Fallen Angel High Yield Bond ETF worth $5,908,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. State of Tennessee Treasury Department lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 61.9% in the fourth quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock worth $113,209,000 after acquiring an additional 1,504,000 shares during the last quarter. Morningstar Investment Services LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 98.6% in the fourth quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock worth $49,964,000 after acquiring an additional 860,132 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 53.9% in the third quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock worth $55,796,000 after acquiring an additional 721,999 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 562.1% in the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 661,041 shares of the company’s stock worth $19,025,000 after acquiring an additional 561,195 shares during the last quarter. Finally, ACT Advisors LLC. purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter worth approximately $16,135,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.4 %

VanEck Fallen Angel High Yield Bond ETF stock traded down $0.10 during trading on Friday, reaching $28.30. The stock had a trading volume of 1,134,611 shares, compared to its average volume of 1,184,175. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.28 and a 52-week high of $29.21. The business has a 50 day moving average price of $28.52 and a 200 day moving average price of $28.70. The stock has a market cap of $2.92 billion, a PE ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 6th. Investors of record on Monday, June 3rd were paid a $0.1562 dividend. The ex-dividend date of this dividend was Monday, June 3rd.

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.