Comprehensive Wealth Management LLC Purchases 2,478 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Comprehensive Wealth Management LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 16.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,713 shares of the company’s stock after purchasing an additional 2,478 shares during the quarter. 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 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Tcfg Wealth Management LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 3.5% in the 4th quarter. Tcfg Wealth Management LLC now owns 10,199 shares of the company’s stock worth $292,000 after purchasing an additional 347 shares during the period. Authentikos Wealth Advisory LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 5.1% in the 4th quarter. Authentikos Wealth Advisory LLC now owns 8,010 shares of the company’s stock worth $230,000 after purchasing an additional 386 shares during the period. Retirement Guys Formula LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 0.7% in the 4th quarter. Retirement Guys Formula LLC now owns 55,039 shares of the company’s stock worth $1,578,000 after purchasing an additional 390 shares during the period. Van ECK Associates Corp raised its holdings in 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 acquiring an additional 390 shares during the period. Finally, McKinley Carter Wealth Services Inc. raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.9% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock valued at $632,000 after acquiring an additional 415 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2 %

NASDAQ:ANGL opened at $28.97 on Friday. The business’s 50-day simple moving average is $28.92 and its two-hundred day simple moving average is $29.00. The stock has a market cap of $3.00 billion, a PE ratio of 60.45 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.98 and a 52 week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1361 per share. The ex-dividend date was Monday, March 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.