Corient Private Wealth LLC Makes New $243,000 Investment in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Corient Private Wealth LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,467 shares of the company’s stock, valued at approximately $243,000.

A number of other institutional investors have also modified their holdings of ANGL. Van ECK Associates Corp raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 38.1% in the fourth quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock valued at $41,000 after buying an additional 390 shares during the period. Lowe Wealth Advisors LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after acquiring an additional 1,804 shares in the last quarter. Newbridge Financial Services Group Inc. increased its position in shares of 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 worth $94,000 after acquiring an additional 2,740 shares in the last quarter. Synergy Asset Management LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $108,000. Finally, US Bancorp DE lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 48.0% during the 4th quarter. US Bancorp DE now owns 4,679 shares of the company’s stock valued at $134,000 after acquiring an additional 1,517 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $28.86 on Tuesday. The company has a fifty day moving average price of $28.95 and a 200 day moving average price of $28.99. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 60.45 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1361 dividend. The ex-dividend date was Monday, March 3rd.

About VanEck Fallen Angel High Yield Bond ETF

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.