Aptus Capital Advisors LLC Has $421,000 Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Aptus Capital Advisors LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 15,275.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,299 shares of the company’s stock after buying an additional 14,206 shares during the period. Aptus Capital Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $421,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SageView Advisory Group LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $92,000. Rockport Wealth LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $224,000. Ameritas Investment Partners Inc. lifted its position in VanEck Fallen Angel High Yield Bond ETF by 8.2% during the 1st quarter. Ameritas Investment Partners Inc. now owns 29,722 shares of the company’s stock valued at $863,000 after purchasing an additional 2,263 shares during the period. CreativeOne Wealth LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $225,000. Finally, Blue Edge Capital LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF by 1.3% during the 1st quarter. Blue Edge Capital LLC now owns 142,510 shares of the company’s stock valued at $4,136,000 after purchasing an additional 1,846 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.93 on Friday. The company has a market cap of $3.04 billion, a PE ratio of 0.48 and a beta of 0.52. The company’s 50-day moving average is $29.12 and its two-hundred day moving average is $28.82. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1568 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.88 dividend on an annualized basis and a yield of 6.50%.

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.