White Pine Capital LLC Boosts Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

White Pine Capital LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 9.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,586 shares of the company’s stock after buying an additional 3,126 shares during the quarter. White Pine Capital LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,078,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. LPL Financial LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock worth $110,958,000 after acquiring an additional 246,899 shares during the last quarter. Capital Investment Advisors LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% in the 4th quarter. Capital Investment Advisors LLC now owns 2,925,316 shares of the company’s stock worth $83,869,000 after purchasing an additional 116,162 shares in the last quarter. Cerity Partners LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 2.6% in the 3rd quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock worth $82,419,000 after purchasing an additional 70,163 shares during the period. Charles Schwab Investment Management Inc. lifted its position in VanEck Fallen Angel High Yield Bond ETF by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after purchasing an additional 38,164 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 54.4% during the third quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock valued at $23,607,000 after purchasing an additional 282,668 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.5 %

Shares of ANGL opened at $28.92 on Friday. The business has a 50-day simple moving average of $28.88 and a two-hundred day simple moving average of $28.99. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.98 and a 52 week high of $29.47. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1563 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

About VanEck Fallen Angel High Yield Bond ETF

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.