Hobart Private Capital LLC Grows Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Hobart Private Capital LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 20.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,391 shares of the company’s stock after purchasing an additional 12,824 shares during the quarter. Hobart Private Capital LLC owned 0.07% of VanEck Fallen Angel High Yield Bond ETF worth $2,190,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. TFG Advisers LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 3.2% during the 4th quarter. TFG Advisers LLC now owns 34,377 shares of the company’s stock valued at $986,000 after buying an additional 1,065 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth approximately $223,000. Darrow Company Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 37.6% during the fourth quarter. Darrow Company Inc. now owns 79,154 shares of the company’s stock valued at $2,269,000 after acquiring an additional 21,615 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 2,872.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 611,573 shares of the company’s stock valued at $17,534,000 after purchasing an additional 590,999 shares during the period. Finally, Silver Oak Securities Incorporated grew its stake in VanEck Fallen Angel High Yield Bond ETF by 50.3% in the fourth quarter. Silver Oak Securities Incorporated now owns 48,059 shares of the company’s stock worth $1,375,000 after purchasing an additional 16,088 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.4 %

ANGL opened at $28.88 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 company has a market capitalization of $2.99 billion, a P/E ratio of 0.48 and a beta of 0.52. The stock’s fifty day moving average is $28.90 and its two-hundred day moving average is $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1563 dividend. 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.