Clear Investment Research LLC Buys 2,523 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Clear Investment Research LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,120 shares of the company’s stock after acquiring an additional 2,523 shares during the period. VanEck Fallen Angel High Yield Bond ETF comprises approximately 2.1% of Clear Investment Research LLC’s investment portfolio, making the stock its 12th largest holding. Clear Investment Research LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,580,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Van ECK Associates Corp raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 38.1% during the fourth quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after acquiring an additional 390 shares in the last quarter. Lowe Wealth Advisors LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock valued at $72,000 after buying an additional 1,804 shares during the period. Newbridge Financial Services Group Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 519.9% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock valued at $94,000 after buying an additional 2,740 shares during the period. 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. Finally, US Bancorp DE raised its stake in VanEck Fallen Angel High Yield Bond ETF by 48.0% in the fourth quarter. US Bancorp DE now owns 4,679 shares of the company’s stock valued at $134,000 after buying an additional 1,517 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2 %

NASDAQ:ANGL opened at $28.97 on Friday. The stock’s 50 day moving average price is $28.92 and its two-hundred day moving average price is $29.00. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 60.45 and a beta of 0.52. 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 disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1361 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

VanEck Fallen Angel High Yield Bond ETF 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.