RiverFront Investment Group LLC Acquires 59,762 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

RiverFront Investment Group LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 730,415 shares of the company’s stock after buying an additional 59,762 shares during the quarter. RiverFront Investment Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $20,941,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth $19,086,000. Strategic Financial Concepts LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2,872.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 611,573 shares of the company’s stock valued at $17,534,000 after acquiring an additional 590,999 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in 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 acquiring an additional 282,668 shares during the last quarter. National Bank of Canada FI acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth about $6,994,000. Finally, Advyzon Investment Management LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth about $6,162,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.0 %

Shares of ANGL stock opened at $28.83 on Friday. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 60.45 and a beta of 0.52. The business’s 50-day moving average price is $28.95 and its 200-day moving average price is $28.99. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1361 dividend. The ex-dividend date was Monday, March 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.