Cornerstone Wealth Management LLC Grows Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Cornerstone Wealth Management LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 44,235 shares of the company’s stock after purchasing an additional 4,545 shares during the period. Cornerstone Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,268,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ANGL. EverSource Wealth Advisors LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 138.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after purchasing an additional 522 shares during the last quarter. Assetmark Inc. lifted 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 worth $40,000 after purchasing an additional 1,001 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth $45,000. Lowe Wealth Advisors LLC lifted 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 valued at $72,000 after acquiring an additional 1,804 shares during the last quarter. Finally, Great Valley Advisor Group Inc. lifted its position in VanEck Fallen Angel High Yield Bond ETF by 6.5% in the third quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock valued at $260,000 after acquiring an additional 540 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $29.03 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.98 and a 1-year high of $29.47. The stock has a market cap of $2.99 billion, a PE ratio of 0.48 and a beta of 0.52. The firm has a fifty day moving average price of $28.91 and a 200 day moving average price of $28.96.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

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

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.