VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Independent Advisor Alliance

Independent Advisor Alliance increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 171.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,905 shares of the company’s stock after acquiring an additional 26,461 shares during the period. Independent Advisor Alliance’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,201,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. boosted its position in VanEck Fallen Angel High Yield Bond ETF by 281.2% in the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after purchasing an additional 1,001 shares in the last quarter. Atria Investments Inc increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 41.9% during the 3rd quarter. Atria Investments Inc now owns 57,350 shares of the company’s stock valued at $1,687,000 after purchasing an additional 16,927 shares in the last quarter. Aptus Capital Advisors LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 15,275.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 14,299 shares of the company’s stock valued at $421,000 after purchasing an additional 14,206 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 10.5% during the third quarter. OneDigital Investment Advisors LLC now owns 193,813 shares of the company’s stock worth $5,700,000 after buying an additional 18,338 shares in the last quarter. Finally, Wrapmanager Inc. grew its position in VanEck Fallen Angel High Yield Bond ETF by 13.0% during the third quarter. Wrapmanager Inc. now owns 238,637 shares of the company’s stock valued at $7,018,000 after buying an additional 27,418 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $28.89 on Friday. The company has a fifty day moving average of $28.90 and a two-hundred day moving average of $29.01. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 60.80 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 firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1361 dividend. The ex-dividend date of this dividend was Monday, March 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.