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

Octavia Wealth Advisors LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 313,161 shares of the company’s stock after acquiring an additional 16,746 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises 1.1% of Octavia Wealth Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Octavia Wealth Advisors LLC owned 0.30% of VanEck Fallen Angel High Yield Bond ETF worth $8,978,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the second quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after acquiring an additional 522 shares during the period. Assetmark Inc. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% in 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 in the last quarter. Fortitude Family Office LLC acquired a new stake 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 holdings in VanEck Fallen Angel High Yield Bond ETF by 252.0% during the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after buying an additional 1,804 shares in the last quarter. Finally, Great Valley Advisor Group Inc. increased its holdings 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 buying an additional 540 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ:ANGL opened at $28.98 on Wednesday. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The business’s 50 day simple moving average is $28.91 and its 200-day simple moving average is $28.96. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

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