Cwm LLC Has $128,000 Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Cwm LLC trimmed its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,458 shares of the company’s stock after selling 605 shares during the period. Cwm LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $128,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 1.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 26,678 shares of the company’s stock worth $768,000 after purchasing an additional 364 shares during the period. Zimmermann Investment Management & Planning LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 13.6% during the fourth quarter. Zimmermann Investment Management & Planning LLC now owns 129,816 shares of the company’s stock worth $3,736,000 after buying an additional 15,556 shares during the last quarter. Melone Private Wealth LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 159.1% in the fourth quarter. Melone Private Wealth LLC now owns 231,268 shares of the company’s stock valued at $6,656,000 after buying an additional 141,998 shares during the period. Wrapmanager Inc. boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 0.6% in the third quarter. Wrapmanager Inc. now owns 208,526 shares of the company’s stock valued at $5,643,000 after acquiring an additional 1,235 shares during the last quarter. Finally, Strategic Blueprint LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth $403,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $28.54 on Monday. The firm has a fifty day moving average of $28.64 and a two-hundred day moving average of $28.41. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 0.48 and a beta of 0.34. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a $0.1511 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $1.81 dividend on an annualized basis and a yield of 6.35%.

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.