Prosperity Consulting Group LLC Acquires 5,518 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Prosperity Consulting Group LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 6.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,504 shares of the company’s stock after purchasing an additional 5,518 shares during the period. Prosperity Consulting Group LLC owned about 0.09% of VanEck Fallen Angel High Yield Bond ETF worth $2,703,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Triad Wealth Partners LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth $25,000. Pineridge Advisors LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $50,000. Gleason Group Inc. purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $55,000. SageView Advisory Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the first quarter valued at $92,000. Finally, Tidemark LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $118,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

NASDAQ ANGL opened at $29.24 on Friday. The company has a market capitalization of $3.05 billion, a PE ratio of 0.48 and a beta of 0.52. The business’s fifty day moving average is $28.86 and its 200 day moving average is $28.68. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.27.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1501 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About VanEck Fallen Angel High Yield Bond ETF

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.