Ausdal Financial Partners Inc. Acquires 1,584 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Ausdal Financial Partners Inc. raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 37,112 shares of the company’s stock after acquiring an additional 1,584 shares during the period. Ausdal Financial Partners Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. US Bancorp DE grew its stake in shares of 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 worth $134,000 after acquiring an additional 1,517 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in VanEck Fallen Angel High Yield Bond ETF by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock worth $40,487,000 after purchasing an additional 38,164 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $424,000. Bank of New York Mellon Corp raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,198,889 shares of the company’s stock valued at $34,372,000 after buying an additional 13,587 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.8% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 32,037 shares of the company’s stock valued at $919,000 after buying an additional 863 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.3 %

ANGL stock opened at $28.89 on Thursday. The business’s 50-day simple moving average is $28.95 and its 200 day simple moving average is $29.00. The company has a market cap of $2.99 billion, a PE ratio of 60.45 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1361 per share. 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.