VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 10.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 103,308 shares of the company’s stock after acquiring an additional 9,837 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $2,962,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 281.2% during the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after purchasing an additional 1,001 shares during the period. Fortitude Family Office LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth approximately $45,000. Lowe Wealth Advisors LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 252.0% in the 4th 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 during the period. Synergy Asset Management LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth $108,000. Finally, Elm3 Financial Group LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the fourth quarter worth $207,000.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.1 %

ANGL stock opened at $28.91 on Tuesday. The company has a 50-day simple moving average of $28.90 and a 200 day simple moving average of $28.99. The company has a market capitalization of $2.99 billion, a P/E ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.98 and a fifty-two week high of $29.47.

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 paid 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.