VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Purchased by Independent Advisor Alliance

Independent Advisor Alliance increased its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 171.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,905 shares of the company’s stock after purchasing an additional 26,461 shares during the period. Independent Advisor Alliance’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,201,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Assetmark Inc. grew its holdings 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 valued at $40,000 after buying an additional 1,001 shares during the last quarter. Atria Investments Inc lifted its position in VanEck Fallen Angel High Yield Bond ETF by 41.9% during the 3rd quarter. Atria Investments Inc now owns 57,350 shares of the company’s stock worth $1,687,000 after acquiring an additional 16,927 shares during the period. Aptus Capital Advisors LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 15,275.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 14,299 shares of the company’s stock valued at $421,000 after purchasing an additional 14,206 shares during the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 10.5% in the third quarter. OneDigital Investment Advisors LLC now owns 193,813 shares of the company’s stock valued at $5,700,000 after purchasing an additional 18,338 shares during the period. Finally, Wrapmanager Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 13.0% in the third quarter. Wrapmanager Inc. now owns 238,637 shares of the company’s stock worth $7,018,000 after purchasing an additional 27,418 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.3 %

Shares of NASDAQ ANGL opened at $28.89 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.98 and a 52 week high of $29.47. The business’s 50 day moving average price is $28.90 and its 200 day moving average price is $29.01. The firm has a market cap of $2.99 billion, a P/E ratio of 60.80 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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