VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Bought by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 519.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,267 shares of the company’s stock after acquiring an additional 2,740 shares during the period. Newbridge Financial Services Group Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $94,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ANGL. Kestra Private Wealth Services LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 10.5% in the 4th quarter. Kestra Private Wealth Services LLC now owns 103,308 shares of the company’s stock worth $2,962,000 after purchasing an additional 9,837 shares during the last quarter. Essex LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.0% during the fourth quarter. Essex LLC now owns 159,176 shares of the company’s stock worth $4,564,000 after buying an additional 6,116 shares during the period. Hobart Private Capital LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 20.2% in the 4th quarter. Hobart Private Capital LLC now owns 76,391 shares of the company’s stock worth $2,190,000 after buying an additional 12,824 shares in the last quarter. TFG Advisers LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 3.2% in the 4th quarter. TFG Advisers LLC now owns 34,377 shares of the company’s stock valued at $986,000 after acquiring an additional 1,065 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at $223,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of ANGL stock opened at $28.91 on Tuesday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47. The firm has a market capitalization of $2.99 billion, a PE ratio of 0.48 and a beta of 0.52. The stock has a fifty day moving average of $28.90 and a two-hundred day moving average of $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1563 dividend. The ex-dividend date of this dividend 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.