VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Stock Position Lifted by Authentikos Wealth Advisory LLC

Authentikos Wealth Advisory LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,010 shares of the company’s stock after buying an additional 386 shares during the quarter. Authentikos Wealth Advisory LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $230,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Towneley Capital Management Inc DE raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 6.1% during the 4th quarter. Towneley Capital Management Inc DE now owns 118,719 shares of the company’s stock worth $3,404,000 after purchasing an additional 6,818 shares in the last quarter. Sovran Advisors LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at approximately $275,000. International Private Wealth Advisors LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 31.4% during the fourth quarter. International Private Wealth Advisors LLC now owns 23,658 shares of the company’s stock valued at $678,000 after acquiring an additional 5,648 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 519.9% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock valued at $94,000 after acquiring an additional 2,740 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 10.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 103,308 shares of the company’s stock worth $2,962,000 after acquiring an additional 9,837 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.1 %

Shares of ANGL opened at $28.88 on Wednesday. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The company’s fifty day moving average is $28.89 and its 200-day moving average is $28.99. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1563 per share. The ex-dividend date was Monday, February 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.