Mosaic Family Wealth Partners LLC Raises Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Mosaic Family Wealth Partners LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 139,968 shares of the company’s stock after purchasing an additional 1,475 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF accounts for approximately 0.7% of Mosaic Family Wealth Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Mosaic Family Wealth Partners LLC owned 0.14% of VanEck Fallen Angel High Yield Bond ETF worth $4,062,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $33,000. Pineridge Advisors LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $50,000. SageView Advisory Group LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $92,000. First Horizon Advisors Inc. increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 61.0% in the 4th quarter. First Horizon Advisors Inc. now owns 3,612 shares of the company’s stock valued at $104,000 after purchasing an additional 1,369 shares in the last quarter. Finally, Tidemark LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth about $118,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.3 %

Shares of NASDAQ ANGL traded down $0.08 during trading on Friday, hitting $28.61. The company had a trading volume of 593,337 shares, compared to its average volume of 1,111,521. 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 stock has a fifty day simple moving average of $28.55 and a two-hundred day simple moving average of $28.65. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 6th. Investors of record on Thursday, August 1st will be paid a $0.1573 dividend. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. This represents a $1.89 annualized dividend and a yield of 6.60%. The ex-dividend date of this dividend is Thursday, August 1st.

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.