VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Stewardship Advisors LLC

Stewardship Advisors LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 106,385 shares of the company’s stock after acquiring an additional 2,588 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for about 0.8% of Stewardship Advisors LLC’s investment portfolio, making the stock its 27th largest position. Stewardship Advisors LLC owned about 0.10% of VanEck Fallen Angel High Yield Bond ETF worth $3,050,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth approximately $1,077,000. Accel Wealth Management grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.1% during the 4th quarter. Accel Wealth Management now owns 119,923 shares of the company’s stock valued at $3,438,000 after buying an additional 4,766 shares during the last quarter. Cornerstone Wealth Management LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 11.5% during the fourth quarter. Cornerstone Wealth Management LLC now owns 44,235 shares of the company’s stock worth $1,268,000 after buying an additional 4,545 shares in the last quarter. Octavia Wealth Advisors LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 5.6% in the fourth quarter. Octavia Wealth Advisors LLC now owns 313,161 shares of the company’s stock worth $8,978,000 after acquiring an additional 16,746 shares during the last quarter. Finally, LPF Advisors LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 8.2% during the fourth quarter. LPF Advisors LLC now owns 97,980 shares of the company’s stock valued at $2,809,000 after acquiring an additional 7,455 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $29.03 on Friday. The stock has a market capitalization of $3.00 billion, a P/E ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47. The firm’s 50-day moving average is $28.91 and its two-hundred day moving average is $28.96.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were paid a $0.1564 dividend. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date was Friday, December 27th.

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.