Van ECK Associates Corp Has $41,000 Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Van ECK Associates Corp increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 38.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,414 shares of the company’s stock after acquiring an additional 390 shares during the period. Van ECK Associates Corp’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $41,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Assetmark Inc. boosted its position 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 valued at $40,000 after buying an additional 1,001 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 worth approximately $45,000. Lowe Wealth Advisors LLC raised its stake 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 buying an additional 1,804 shares during the last quarter. Newbridge Financial Services Group Inc. raised its stake 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 buying an additional 2,740 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at approximately $108,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL opened at $28.89 on Monday. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.98 and a 52 week high of $29.47. The company has a market capitalization of $2.99 billion, a PE ratio of 0.48 and a beta of 0.52. The company has a 50 day moving average price of $28.85 and a two-hundred day moving average price of $29.01.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1563 dividend. The ex-dividend date of this dividend 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.