US Bancorp DE Buys 1,517 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

US Bancorp DE lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 48.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,679 shares of the company’s stock after acquiring an additional 1,517 shares during the quarter. US Bancorp DE’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $134,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in ANGL. Strategic Financial Concepts LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2,872.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 611,573 shares of the company’s stock worth $17,534,000 after acquiring an additional 590,999 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 54.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock worth $23,607,000 after purchasing an additional 282,668 shares during the last quarter. LPL Financial LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock worth $110,958,000 after purchasing an additional 246,899 shares during the last quarter. National Bank of Canada FI acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth about $6,994,000. Finally, Advyzon Investment Management LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $6,162,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

NASDAQ ANGL opened at $28.89 on Monday. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The stock has a market capitalization of $2.99 billion, a PE ratio of 60.80 and a beta of 0.52. The stock has a 50-day simple moving average of $28.90 and a 200 day simple moving average of $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given 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 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.