TFG Advisers LLC Has $986,000 Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

TFG Advisers LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,377 shares of the company’s stock after purchasing an additional 1,065 shares during the quarter. TFG Advisers LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $986,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ANGL. Truist Financial Corp boosted its position in VanEck Fallen Angel High Yield Bond ETF by 0.7% during the second quarter. Truist Financial Corp now owns 48,116 shares of the company’s stock valued at $1,362,000 after purchasing an additional 347 shares during the last quarter. Jaffetilchin Investment Partners LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.2% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 28,909 shares of the company’s stock worth $850,000 after purchasing an additional 350 shares in the last quarter. McKinley Carter Wealth Services Inc. boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 1.9% in the 4th quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock valued at $632,000 after buying an additional 415 shares during the last quarter. HBW Advisory Services LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 5.3% in the 4th quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock valued at $275,000 after buying an additional 485 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 5.3% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 9,684 shares of the company’s stock valued at $278,000 after buying an additional 491 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.4 %

NASDAQ ANGL opened at $28.88 on Friday. The firm has a market capitalization of $2.99 billion, a P/E ratio of 0.48 and a beta of 0.52. The firm’s fifty day moving average price is $28.90 and its two-hundred day moving average price is $28.99. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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