Symphony Financial Ltd. Co. Raises Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Symphony Financial Ltd. Co. grew its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 291,159 shares of the company’s stock after buying an additional 3,044 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises 1.3% of Symphony Financial Ltd. Co.’s portfolio, making the stock its 23rd largest holding. Symphony Financial Ltd. Co.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $8,436,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Truist Financial Corp grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 0.7% during the 2nd quarter. Truist Financial Corp now owns 48,116 shares of the company’s stock worth $1,362,000 after acquiring an additional 347 shares in the last quarter. Jaffetilchin Investment Partners LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.2% during the third quarter. Jaffetilchin Investment Partners LLC now owns 28,909 shares of the company’s stock worth $850,000 after purchasing an additional 350 shares in the last quarter. McKinley Carter Wealth Services Inc. increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.9% in the fourth quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock valued at $632,000 after buying an additional 415 shares during the last quarter. HBW Advisory Services LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 5.3% in the fourth quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock valued at $275,000 after buying an additional 485 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 5.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 9,684 shares of the company’s stock worth $278,000 after buying an additional 491 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $29.04 on Friday. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.98 and a one year high of $29.47. The company has a market cap of $3.01 billion, a P/E ratio of 0.48 and a beta of 0.52. The business’s 50-day simple moving average is $28.92 and its 200-day simple moving average is $28.98.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were issued a dividend of $0.1564 per share. The ex-dividend date was Friday, December 27th. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

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.