VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Bought by Lowe Wealth Advisors LLC

Lowe Wealth Advisors LLC raised its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 252.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,520 shares of the company’s stock after buying an additional 1,804 shares during the quarter. Lowe Wealth Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $72,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after purchasing an additional 522 shares during the period. Assetmark Inc. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after buying an additional 1,001 shares during the period. Fortitude Family Office LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the third quarter worth about $45,000. Great Valley Advisor Group Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 6.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock valued at $260,000 after acquiring an additional 540 shares during the period. Finally, HBW Advisory Services LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 5.3% during the 4th quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock valued at $275,000 after acquiring an additional 485 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ:ANGL traded down $0.12 during trading on Friday, reaching $28.57. The company had a trading volume of 1,141,740 shares, compared to its average volume of 1,001,365. The stock’s fifty day moving average price is $28.94 and its 200 day moving average price is $28.93. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.98 and a fifty-two week high of $29.47. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were issued a dividend of $0.1564 per share. The ex-dividend date was Friday, December 27th. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

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.