Spire Wealth Management Has $287,000 Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Spire Wealth Management decreased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report) by 19.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,616 shares of the company’s stock after selling 2,510 shares during the period. Spire Wealth Management’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $287,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ANGL. Charles Schwab Investment Management Inc. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 33.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,040,103 shares of the company’s stock worth $62,019,000 after acquiring an additional 509,545 shares in the last quarter. Snider Financial Group grew its position in VanEck Fallen Angel High Yield Bond ETF by 4.5% in the first quarter. Snider Financial Group now owns 114,218 shares of the company’s stock valued at $3,472,000 after purchasing an additional 4,944 shares in the last quarter. Ancora Advisors LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 29.0% in the first quarter. Ancora Advisors LLC now owns 29,002 shares of the company’s stock valued at $926,000 after purchasing an additional 6,514 shares in the last quarter. Vident Investment Advisory LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the first quarter valued at $330,000. Finally, 1832 Asset Management L.P. bought a new position in VanEck Fallen Angel High Yield Bond ETF in the first quarter valued at $29,769,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2 %

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.88 on Friday. The company has a market cap of $3.07 billion, a P/E ratio of 59.99 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.28 and a 1-year high of $29.21. The company has a fifty day simple moving average of $28.82 and a 200 day simple moving average of $27.84.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were given a $0.1448 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend was Thursday, February 1st.

VanEck Fallen Angel High Yield Bond ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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