Howe & Rusling Inc. Takes $56,000 Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Howe & Rusling Inc. acquired a new position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,945 shares of the company’s stock, valued at approximately $56,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Graney & King LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $2,974,000. Ausdal Financial Partners Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.5% during the 4th quarter. Ausdal Financial Partners Inc. now owns 37,112 shares of the company’s stock valued at $1,064,000 after purchasing an additional 1,584 shares in the last quarter. 1620 Investment Advisors Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.1% during the 4th quarter. 1620 Investment Advisors Inc. now owns 49,397 shares of the company’s stock valued at $1,416,000 after purchasing an additional 1,027 shares in the last quarter. Comprehensive Wealth Management LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 16.3% in the fourth quarter. Comprehensive Wealth Management LLC now owns 17,713 shares of the company’s stock worth $508,000 after purchasing an additional 2,478 shares in the last quarter. Finally, Clear Investment Research LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 4.8% in the fourth quarter. Clear Investment Research LLC now owns 55,120 shares of the company’s stock valued at $1,580,000 after buying an additional 2,523 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.83 on Friday. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 60.45 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.98 and a 52-week high of $29.47. The stock’s 50 day moving average price is $28.95 and its two-hundred day moving average price is $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1361 dividend. 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.