Destiny Wealth Partners LLC Purchases 6,545 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

Destiny Wealth Partners LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 349,545 shares of the company’s stock after acquiring an additional 6,545 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for 1.4% of Destiny Wealth Partners LLC’s portfolio, making the stock its 23rd largest position. Destiny Wealth Partners LLC owned 0.35% of VanEck Fallen Angel High Yield Bond ETF worth $10,235,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 9.2% during the 1st quarter. Golden State Wealth Management LLC now owns 8,506 shares of the company’s stock worth $245,000 after buying an additional 715 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 109.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 370,272 shares of the company’s stock valued at $10,805,000 after acquiring an additional 193,590 shares during the last quarter. Prosperity Consulting Group LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 11.4% during the 1st quarter. Prosperity Consulting Group LLC now owns 111,459 shares of the company’s stock worth $3,217,000 after acquiring an additional 11,396 shares during the period. Capital Investment Advisors LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% during the 1st quarter. Capital Investment Advisors LLC now owns 3,046,291 shares of the company’s stock valued at $87,916,000 after acquiring an additional 120,975 shares during the last quarter. Finally, Transamerica Financial Advisors LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% during the 1st quarter. Transamerica Financial Advisors LLC now owns 176,905 shares of the company’s stock valued at $5,106,000 after acquiring an additional 10,827 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.3%

NASDAQ:ANGL opened at $29.59 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.92 and a 12-month high of $29.75. The stock’s fifty day simple moving average is $29.32 and its 200-day simple moving average is $28.84. The firm has a market capitalization of $3.01 billion, a P/E ratio of 59.37 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.1497 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 6.1%.

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.