Silver Oak Securities Incorporated Purchases 16,088 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Silver Oak Securities Incorporated grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 50.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,059 shares of the company’s stock after buying an additional 16,088 shares during the quarter. Silver Oak Securities Incorporated’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,375,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of ANGL. CHB Investment Group LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at approximately $8,744,000. Integrated Wealth Concepts LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 54.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock valued at $23,607,000 after purchasing an additional 282,668 shares during the last quarter. LPL Financial LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock valued at $110,958,000 after purchasing an additional 246,899 shares during the last quarter. National Bank of Canada FI bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth $6,994,000. Finally, Tidal Investments LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth about $6,249,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $28.99 on Friday. The firm has a market cap of $3.00 billion, a P/E ratio of 0.48 and a beta of 0.52. 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. The firm has a 50-day moving average of $28.91 and a 200 day moving average of $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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