Tcfg Wealth Management LLC Acquires 347 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Tcfg Wealth Management LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,199 shares of the company’s stock after acquiring an additional 347 shares during the quarter. Tcfg Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $292,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Assetmark Inc. boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% in the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after buying an additional 1,001 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% in the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock valued at $41,000 after buying an additional 390 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at approximately $45,000. Lowe Wealth Advisors LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% in the 4th quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock valued at $72,000 after buying an additional 1,804 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 519.9% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock valued at $94,000 after buying an additional 2,740 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2 %

NASDAQ ANGL opened at $28.97 on Friday. The company has a market cap of $3.00 billion, a PE ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47. The stock has a 50 day moving average of $28.87 and a 200-day moving average of $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1563 per share. The ex-dividend date was Monday, February 3rd.

VanEck Fallen Angel High Yield Bond ETF 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.