Comprehensive Wealth Management LLC Raises Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Comprehensive Wealth Management LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 16.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,713 shares of the company’s stock after purchasing an additional 2,478 shares during the period. VanEck Fallen Angel High Yield Bond ETF makes up approximately 0.4% of Comprehensive Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Comprehensive Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $508,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% during the fourth quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock valued at $41,000 after purchasing an additional 390 shares in the last quarter. Lowe Wealth Advisors LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after acquiring an additional 1,804 shares in the last quarter. Newbridge Financial Services Group Inc. grew its position in VanEck Fallen Angel High Yield Bond ETF by 519.9% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock worth $94,000 after acquiring an additional 2,740 shares in the last quarter. Synergy Asset Management LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter worth about $108,000. Finally, US Bancorp DE grew its position in VanEck Fallen Angel High Yield Bond ETF by 48.0% in the fourth quarter. US Bancorp DE now owns 4,679 shares of the company’s stock worth $134,000 after acquiring an additional 1,517 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.2 %

ANGL opened at $28.97 on Friday. The firm has a market cap of $3.00 billion, a P/E ratio of 60.45 and a beta of 0.52. 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 50-day moving average of $28.92 and a 200 day moving average of $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1361 dividend. The ex-dividend date was Monday, March 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.