VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Mosaic Family Wealth Partners LLC

Mosaic Family Wealth Partners LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 139,968 shares of the company’s stock after purchasing an additional 1,475 shares during the period. VanEck Fallen Angel High Yield Bond ETF makes up approximately 0.7% of Mosaic Family Wealth Partners LLC’s holdings, making the stock its 23rd biggest holding. Mosaic Family Wealth Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $4,062,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. ORG Partners LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $33,000. Pineridge Advisors LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth approximately $50,000. SageView Advisory Group LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at approximately $92,000. First Horizon Advisors Inc. raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 61.0% in the 4th quarter. First Horizon Advisors Inc. now owns 3,612 shares of the company’s stock valued at $104,000 after purchasing an additional 1,369 shares in the last quarter. Finally, Tidemark LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at approximately $118,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL traded down $0.08 during trading on Friday, hitting $28.61. The company had a trading volume of 593,337 shares, compared to its average volume of 1,111,521. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.28 and a 1-year high of $29.21. The company has a market cap of $2.99 billion, a PE ratio of 0.48 and a beta of 0.52. The business has a 50-day moving average of $28.55 and a 200-day moving average of $28.65.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be given a dividend of $0.1573 per share. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $1.89 annualized dividend and a dividend yield of 6.60%.

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.