Charles Schwab Investment Management Inc. Buys 122,972 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Charles Schwab Investment Management Inc. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,499,618 shares of the company’s stock after acquiring an additional 122,972 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.45% of VanEck Fallen Angel High Yield Bond ETF worth $42,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after acquiring an additional 1,001 shares during the last quarter. Van ECK Associates Corp raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% during the fourth quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after acquiring an additional 390 shares during the last quarter. Lowe Wealth Advisors LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% during the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after acquiring an additional 1,804 shares during the last quarter. Newbridge Financial Services Group Inc. raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 519.9% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock worth $94,000 after acquiring an additional 2,740 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $108,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $28.89 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 60.80 and a beta of 0.52. The business has a 50-day moving average of $28.90 and a 200-day moving average of $29.01.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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

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.