Principal Securities Inc. Sells 21,289 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Principal Securities Inc. decreased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 15.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 113,120 shares of the company’s stock after selling 21,289 shares during the period. Principal Securities Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $3,243,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. increased 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 valued at $40,000 after acquiring an additional 1,001 shares in the last quarter. Van ECK Associates Corp increased 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 valued at $41,000 after acquiring an additional 390 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at approximately $45,000. Lowe Wealth Advisors LLC increased 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 valued at $72,000 after acquiring an additional 1,804 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. increased 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 valued at $94,000 after acquiring an additional 2,740 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.2 %

Shares of ANGL opened at $28.97 on Tuesday. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The company has a market capitalization of $3.00 billion, a P/E ratio of 0.48 and a beta of 0.52. The firm has a 50 day moving average of $28.87 and a 200 day moving average of $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1563 dividend. The ex-dividend date was Monday, February 3rd.

About VanEck Fallen Angel High Yield Bond ETF

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.