McKinley Carter Wealth Services Inc. Raises Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

McKinley Carter Wealth Services Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,056 shares of the company’s stock after acquiring an additional 415 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $632,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ANGL. Assetmark Inc. raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after purchasing an additional 1,001 shares during the period. Fortitude Family Office LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter valued at about $45,000. Lowe Wealth Advisors LLC boosted its stake in shares of 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 during the period. Great Valley Advisor Group Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% during the third quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock worth $260,000 after purchasing an additional 540 shares in the last quarter. Finally, HBW Advisory Services LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 5.3% during the 4th quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock valued at $275,000 after purchasing an additional 485 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $29.03 on Thursday. The firm has a market cap of $3.00 billion, a P/E ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47. The company has a 50 day simple moving average of $28.92 and a two-hundred day simple moving average of $28.98.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were issued a $0.1564 dividend. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date was Friday, December 27th.

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.