Trilogy Capital Inc. Purchases 1,414 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Trilogy Capital Inc. grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.2% during the 4th quarter, HoldingsChannel reports. The fund owned 598,568 shares of the company’s stock after buying an additional 1,414 shares during the period. Trilogy Capital Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $17,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the stock. Assetmark Inc. raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during 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 in the last quarter. Fortitude Family Office LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth about $45,000. Lowe Wealth Advisors LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% during the 4th quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock valued at $72,000 after purchasing an additional 1,804 shares during the last quarter. Synergy Asset Management LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at about $108,000. Finally, Great Valley Advisor Group Inc. boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 6.5% in the third quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock worth $260,000 after buying an additional 540 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL stock opened at $29.02 on Thursday. The company has a market capitalization of $3.01 billion, a PE ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.98 and a one year high of $29.47. The company’s 50 day moving average price is $28.91 and its two-hundred day moving average price is $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a $0.1563 dividend. The ex-dividend date of this dividend is 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.