Rockefeller Capital Management L.P. Increases Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

Rockefeller Capital Management L.P. raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 124.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 49,739 shares of the company’s stock after acquiring an additional 27,601 shares during the period. Rockefeller Capital Management L.P.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,461,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. IFC & Insurance Marketing Inc. acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth $26,000. Caldwell Trust Co grew its position in VanEck Fallen Angel High Yield Bond ETF by 306.3% during the fourth quarter. Caldwell Trust Co now owns 1,028 shares of the company’s stock valued at $30,000 after acquiring an additional 775 shares during the period. Raleigh Capital Management Inc. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $35,000. SHP Wealth Management acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $98,000. Finally, Assetmark Inc. raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 766.4% in the 4th quarter. Assetmark Inc. now owns 3,431 shares of the company’s stock worth $101,000 after purchasing an additional 3,035 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $29.11 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $28.35 and a 1 year high of $29.77. The firm has a 50 day moving average price of $29.11 and a 200 day moving average price of $29.24. The company has a market cap of $3.05 billion, a PE ratio of 59.37 and a beta of 0.43.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.171 per share. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date is Wednesday, July 1st.

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.