Cooper Financial Group Increases Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Cooper Financial Group increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,177 shares of the company’s stock after buying an additional 7,547 shares during the period. Cooper Financial Group owned about 0.10% of VanEck Fallen Angel High Yield Bond ETF worth $2,901,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock valued at $110,958,000 after purchasing an additional 246,899 shares during the last quarter. Capital Investment Advisors LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% in the 4th quarter. Capital Investment Advisors LLC now owns 2,925,316 shares of the company’s stock valued at $83,869,000 after purchasing an additional 116,162 shares during the last quarter. Cerity Partners LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.6% in the 3rd quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock valued at $82,419,000 after purchasing an additional 70,163 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after purchasing an additional 38,164 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,229,659 shares of the company’s stock valued at $34,799,000 after purchasing an additional 10,666 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL traded down $0.02 during trading hours on Monday, reaching $28.55. The stock had a trading volume of 632,006 shares, compared to its average volume of 950,415. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47. The firm’s 50 day moving average is $28.94 and its 200-day moving average is $28.93. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were given a $0.1564 dividend. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date was Friday, December 27th.

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.