Clear Investment Research LLC Has $1.58 Million Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Clear Investment Research LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,120 shares of the company’s stock after acquiring an additional 2,523 shares during the period. VanEck Fallen Angel High Yield Bond ETF comprises about 2.1% of Clear Investment Research LLC’s investment portfolio, making the stock its 12th largest holding. Clear Investment Research LLC owned about 0.05% of VanEck Fallen Angel High Yield Bond ETF worth $1,580,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Tcfg Wealth Management LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 3.5% in the fourth quarter. Tcfg Wealth Management LLC now owns 10,199 shares of the company’s stock valued at $292,000 after acquiring an additional 347 shares during the period. Authentikos Wealth Advisory LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 5.1% during the fourth quarter. Authentikos Wealth Advisory LLC now owns 8,010 shares of the company’s stock worth $230,000 after buying an additional 386 shares during the period. Retirement Guys Formula LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.7% during the fourth quarter. Retirement Guys Formula LLC now owns 55,039 shares of the company’s stock worth $1,578,000 after buying an additional 390 shares during the period. Van ECK Associates Corp boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% during the fourth quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after buying an additional 390 shares during the period. Finally, McKinley Carter Wealth Services Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1.9% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock worth $632,000 after buying an additional 415 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL stock opened at $28.97 on Friday. The stock has a market capitalization of $3.00 billion, a P/E ratio of 60.45 and a beta of 0.52. The business has a 50-day moving average of $28.92 and a 200-day moving average of $29.00. 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.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1361 per share. The ex-dividend date was Monday, March 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.