Creekside Partners Has $732,000 Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Creekside Partners grew its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,885 shares of the company’s stock after buying an additional 1,742 shares during the quarter. Creekside Partners’ holdings in VanEck Fallen Angel High Yield Bond ETF were worth $732,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mosaic Family Wealth Partners LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 1.1% in the first quarter. Mosaic Family Wealth Partners LLC now owns 139,968 shares of the company’s stock worth $4,062,000 after buying an additional 1,475 shares during the period. CreativeOne Wealth LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the first quarter worth about $225,000. Bank of Montreal Can boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 482.2% in the second quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock worth $15,463,000 after buying an additional 448,415 shares during the period. Heritage Oak Wealth Advisors LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth about $274,000. Finally, Peak Financial Advisors LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter worth approximately $5,888,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL opened at $28.98 on Thursday. The company has a 50 day simple moving average of $29.11 and a 200-day simple moving average of $28.84. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.98 and a 52-week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.1568 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date was Friday, November 1st.

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.