VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Towneley Capital Management Inc DE

Towneley Capital Management Inc DE grew its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 118,719 shares of the company’s stock after acquiring an additional 6,818 shares during the period. VanEck Fallen Angel High Yield Bond ETF comprises 0.8% of Towneley Capital Management Inc DE’s holdings, making the stock its 16th biggest position. Towneley Capital Management Inc DE owned about 0.12% of VanEck Fallen Angel High Yield Bond ETF worth $3,404,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Assetmark Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 281.2% in the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after acquiring an additional 1,001 shares during the period. Fortitude Family Office LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at approximately $45,000. Lowe Wealth Advisors LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% in 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 period. Newbridge Financial Services Group Inc. boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 519.9% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock worth $94,000 after buying an additional 2,740 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $108,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $28.91 on Tuesday. The company has a fifty day moving average of $28.90 and a two-hundred day moving average of $28.99. 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 stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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