VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Bought by American Financial Advisors LLC

American Financial Advisors LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 498,682 shares of the company’s stock after purchasing an additional 1,501 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF makes up approximately 2.0% of American Financial Advisors LLC’s holdings, making the stock its 17th biggest holding. American Financial Advisors LLC owned about 0.48% of VanEck Fallen Angel High Yield Bond ETF worth $14,297,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. boosted its holdings 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 worth $40,000 after purchasing an additional 1,001 shares during the period. Van ECK Associates Corp boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% in the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock valued at $41,000 after buying an additional 390 shares during the period. Fortitude Family Office LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $45,000. Lowe Wealth Advisors LLC raised its stake in 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 period. Finally, Newbridge Financial Services Group Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 519.9% in 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.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.2 %

Shares of ANGL stock opened at $28.97 on Friday. The company has a market cap of $3.00 billion, a P/E ratio of 0.48 and a beta of 0.52. The business has a 50 day moving average of $28.87 and a two-hundred day moving average of $29.00. 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 disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1563 per share. The ex-dividend date was Monday, February 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.