Cwm LLC Has $1.44 Million Stock Holdings in VanEck Fallen Angel High Yield Bond ETF $ANGL

Cwm LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 825.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,294 shares of the company’s stock after acquiring an additional 43,076 shares during the quarter. Cwm LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. ACT Advisors LLC. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 10.9% in the 3rd quarter. ACT Advisors LLC. now owns 285,636 shares of the company’s stock worth $8,492,000 after purchasing an additional 28,013 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 109.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 370,272 shares of the company’s stock worth $10,805,000 after buying an additional 193,590 shares during the period. Evergreen Capital Management LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 2.7% during the second quarter. Evergreen Capital Management LLC now owns 1,033,582 shares of the company’s stock worth $30,263,000 after buying an additional 27,409 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 5.1% in the second quarter. Avantax Advisory Services Inc. now owns 287,201 shares of the company’s stock valued at $8,409,000 after buying an additional 14,047 shares during the period. Finally, 1832 Asset Management L.P. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.0% in the second quarter. 1832 Asset Management L.P. now owns 1,225,643 shares of the company’s stock valued at $35,887,000 after buying an additional 47,147 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1%

Shares of ANGL opened at $29.40 on Monday. The firm’s fifty day simple moving average is $29.40 and its two-hundred day simple moving average is $29.34. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.92 and a 12 month high of $29.75. The stock has a market capitalization of $3.13 billion, a P/E ratio of 59.37 and a beta of 0.44.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were given a dividend of $0.1599 per share. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Monday, December 29th. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15.

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.