Coco Enterprises LLC Buys 1,127 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Coco Enterprises LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,288 shares of the company’s stock after buying an additional 1,127 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for approximately 1.7% of Coco Enterprises LLC’s portfolio, making the stock its 14th largest holding. Coco Enterprises LLC owned approximately 0.08% of VanEck Fallen Angel High Yield Bond ETF worth $2,368,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ANGL. LPL Financial LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 18.5% in the third quarter. LPL Financial LLC now owns 2,762,840 shares of the company’s stock worth $74,762,000 after purchasing an additional 431,597 shares during the last quarter. Capital Investment Advisors LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.2% in the fourth quarter. Capital Investment Advisors LLC now owns 2,713,464 shares of the company’s stock worth $78,094,000 after purchasing an additional 84,710 shares during the last quarter. Ameriprise Financial Inc. increased its position 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 purchasing an additional 721,999 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 48.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,956,184 shares of the company’s stock worth $52,934,000 after purchasing an additional 639,723 shares during the last quarter. Finally, Wright Fund Management LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter worth approximately $27,539,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL traded down $0.07 during midday trading on Monday, hitting $28.47. The stock had a trading volume of 727,223 shares, compared to its average volume of 1,233,355. The company has a market cap of $2.94 billion, a P/E ratio of 0.48 and a beta of 0.52. The business has a fifty day moving average of $28.57 and a 200 day moving average of $28.64. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.28 and a 1 year high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a $0.1511 dividend. This represents a $1.81 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend was Wednesday, May 1st.

About VanEck Fallen Angel High Yield Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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