Clear Creek Financial Management LLC Has $3.19 Million Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Clear Creek Financial Management LLC grew its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 111,307 shares of the company’s stock after purchasing an additional 3,269 shares during the period. Clear Creek Financial Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $3,191,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Securities Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 1.4% during the 4th quarter. Fifth Third Securities Inc. now owns 88,770 shares of the company’s stock worth $2,545,000 after buying an additional 1,257 shares during the period. Synergy Asset Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $108,000. Iams Wealth Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $1,022,000. McKinley Carter Wealth Services Inc. lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 1.9% during the 4th quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock valued at $632,000 after purchasing an additional 415 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 5.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 9,684 shares of the company’s stock worth $278,000 after purchasing an additional 491 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of ANGL opened at $29.04 on Friday. The firm has a market cap of $3.01 billion, a P/E ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The firm’s 50 day moving average price is $28.92 and its two-hundred day moving average price is $28.98.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were given a $0.1564 dividend. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Friday, December 27th.

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.