VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,235 shares of the company’s stock after buying an additional 4,545 shares during the period. Cornerstone Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in ANGL. EverSource Wealth Advisors LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 138.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after buying an additional 522 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 482.2% during the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock worth $15,463,000 after buying an additional 448,415 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth approximately $21,998,000. Regal Investment Advisors LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 34.5% during the 2nd quarter. Regal Investment Advisors LLC now owns 19,148 shares of the company’s stock worth $542,000 after buying an additional 4,907 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 0.7% during the 2nd quarter. Truist Financial Corp now owns 48,116 shares of the company’s stock worth $1,362,000 after buying an additional 347 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $29.03 on Friday. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.98 and a fifty-two week high of $29.47. The firm has a 50 day moving average price of $28.91 and a 200 day moving average price of $28.96. The company has a market capitalization of $2.99 billion, a PE ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were issued a $0.1564 dividend. The ex-dividend date of this dividend was Friday, December 27th. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous 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.