BKA Wealth Consulting Inc. Makes New $344,000 Investment in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

BKA Wealth Consulting Inc. purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,378 shares of the company’s stock, valued at approximately $344,000.

Other large investors also recently bought and sold shares of the company. Aspire Private Capital LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 1st quarter worth about $25,133,940,000. Stonebridge Capital Advisors LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter worth approximately $38,000. FMR LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF by 1,600.0% during the 1st quarter. FMR LLC now owns 1,700 shares of the company’s stock worth $48,000 after acquiring an additional 1,600 shares during the period. WealthShield Partners LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter worth approximately $82,000. Finally, Van ECK Associates Corp lifted its position in VanEck Fallen Angel High Yield Bond ETF by 481.6% during the 4th quarter. Van ECK Associates Corp now owns 3,612 shares of the company’s stock worth $98,000 after acquiring an additional 2,991 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock traded up $0.11 during mid-day trading on Wednesday, reaching $27.65. 455,184 shares of the company were exchanged, compared to its average volume of 1,879,964. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $25.75 and a twelve month high of $28.44. The firm’s 50-day simple moving average is $27.59 and its two-hundred day simple moving average is $27.54. The firm has a market cap of $2.92 billion, a PE ratio of 59.99 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were paid a dividend of $0.1347 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date of this dividend was Friday, September 1st.

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.