VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by American Financial Advisors LLC

American Financial Advisors LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 498,682 shares of the company’s stock after purchasing an additional 1,501 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises approximately 2.0% of American Financial Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. American Financial Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $14,297,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 8.8% in the 4th quarter. Blue Trust Inc. now owns 85,671 shares of the company’s stock valued at $2,456,000 after acquiring an additional 6,905 shares during the last quarter. White Pine Capital LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 9.1% during the fourth quarter. White Pine Capital LLC now owns 37,586 shares of the company’s stock valued at $1,078,000 after purchasing an additional 3,126 shares during the last quarter. CFC Planning Co LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth approximately $2,368,000. Van ECK Associates Corp grew its position in VanEck Fallen Angel High Yield Bond ETF by 38.1% in the fourth quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after buying an additional 390 shares during the last quarter. Finally, Retirement Guys Formula LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 0.7% in the fourth quarter. Retirement Guys Formula LLC now owns 55,039 shares of the company’s stock valued at $1,578,000 after buying an additional 390 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL opened at $28.97 on Friday. The company has a market capitalization of $3.00 billion, a PE ratio of 0.48 and a beta of 0.52. The stock has a fifty day moving average of $28.87 and a 200-day moving average of $29.00. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.98 and a one year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1563 per share. 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.