Winebrenner Capital Management LLC Takes $1.03 Million Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Winebrenner Capital Management LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 36,030 shares of the company’s stock, valued at approximately $1,033,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock valued at $110,958,000 after purchasing an additional 246,899 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% during the fourth quarter. Capital Investment Advisors LLC now owns 2,925,316 shares of the company’s stock valued at $83,869,000 after buying an additional 116,162 shares during the last quarter. Cerity Partners LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.6% during the third quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock valued at $82,419,000 after buying an additional 70,163 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after buying an additional 38,164 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 54.4% during the third quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock worth $23,607,000 after buying an additional 282,668 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.3 %

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.89 on Friday. The business has a 50 day moving average price of $28.85 and a two-hundred day moving average price of $29.01. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1563 dividend. The ex-dividend date was Monday, February 3rd.

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.