Kestra Private Wealth Services LLC Purchases 17,207 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Kestra Private Wealth Services LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 57.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,166 shares of the company’s stock after buying an additional 17,207 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of ANGL. Wright Fund Management LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at about $27,539,000. Bank of New York Mellon Corp bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter worth approximately $26,364,000. Ameriprise Financial Inc. increased its stake in shares of 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 buying an additional 721,999 shares during the period. Envestnet Asset Management Inc. raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 48.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,956,184 shares of the company’s stock valued at $52,934,000 after buying an additional 639,723 shares during the last quarter. Finally, ACT Advisors LLC. purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at $16,135,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.5 %

ANGL stock opened at $28.54 on Friday. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 0.47 and a beta of 0.52. The firm’s 50-day moving average price is $28.64 and its two-hundred day moving average price is $28.37. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.28 and a 12-month high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.1511 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $1.81 annualized dividend and a dividend yield of 6.35%.

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.