Charles Schwab Investment Management Inc. Has $42.99 Million Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Charles Schwab Investment Management Inc. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,499,618 shares of the company’s stock after purchasing an additional 122,972 shares during the period. Charles Schwab Investment Management Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $42,994,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ANGL. Assetmark Inc. grew its stake in VanEck Fallen Angel High Yield Bond ETF by 281.2% in the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after acquiring an additional 1,001 shares during the period. Atria Investments Inc grew its stake in VanEck Fallen Angel High Yield Bond ETF by 41.9% in the third quarter. Atria Investments Inc now owns 57,350 shares of the company’s stock valued at $1,687,000 after acquiring an additional 16,927 shares during the period. Aptus Capital Advisors LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 15,275.3% in the third quarter. Aptus Capital Advisors LLC now owns 14,299 shares of the company’s stock valued at $421,000 after acquiring an additional 14,206 shares during the period. OneDigital Investment Advisors LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 10.5% in the third quarter. OneDigital Investment Advisors LLC now owns 193,813 shares of the company’s stock valued at $5,700,000 after acquiring an additional 18,338 shares during the period. Finally, Wrapmanager Inc. grew its stake in VanEck Fallen Angel High Yield Bond ETF by 13.0% in the third quarter. Wrapmanager Inc. now owns 238,637 shares of the company’s stock valued at $7,018,000 after acquiring an additional 27,418 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.3 %

Shares of NASDAQ:ANGL opened at $28.89 on Friday. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 60.80 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47. The business’s 50 day moving average is $28.90 and its 200 day moving average is $29.01.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1361 per share. The ex-dividend date was Monday, March 3rd.

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.