One Capital Management LLC Increases Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

One Capital Management LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.6% during the second quarter, according to its most recent filing with the SEC. The fund owned 577,027 shares of the company’s stock after buying an additional 9,026 shares during the quarter. One Capital Management LLC owned 0.55% of VanEck Fallen Angel High Yield Bond ETF worth $16,330,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Aveo Capital Partners LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 11.8% in the fourth quarter. Aveo Capital Partners LLC now owns 558,123 shares of the company’s stock valued at $16,063,000 after acquiring an additional 58,816 shares during the last quarter. Janney Montgomery Scott LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 4.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 115,352 shares of the company’s stock worth $3,319,000 after buying an additional 4,643 shares during the last quarter. Financial Advocates Investment Management raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.3% in the fourth quarter. Financial Advocates Investment Management now owns 11,653 shares of the company’s stock valued at $335,000 after buying an additional 376 shares during the period. Independent Advisor Alliance lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 98.8% during the 4th quarter. Independent Advisor Alliance now owns 32,870 shares of the company’s stock valued at $918,000 after buying an additional 16,339 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 12.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,005,584 shares of the company’s stock worth $28,941,000 after acquiring an additional 110,475 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.24 on Monday. The stock has a market capitalization of $3.05 billion, a P/E ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.28 and a 52-week high of $29.27. The stock’s 50-day simple moving average is $28.86 and its 200 day simple moving average is $28.68.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared 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 was Tuesday, September 3rd.

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.