Jones Financial Companies Lllp Purchases 64,300 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Jones Financial Companies Lllp boosted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 70.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 155,279 shares of the company’s stock after purchasing an additional 64,300 shares during the quarter. Jones Financial Companies Lllp’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $4,452,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ANGL. Tcfg Wealth Management LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.5% during the 4th quarter. Tcfg Wealth Management LLC now owns 10,199 shares of the company’s stock worth $292,000 after purchasing an additional 347 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.2% during the third quarter. Jaffetilchin Investment Partners LLC now owns 28,909 shares of the company’s stock worth $850,000 after purchasing an additional 350 shares during the period. Authentikos Wealth Advisory LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 5.1% during the fourth quarter. Authentikos Wealth Advisory LLC now owns 8,010 shares of the company’s stock worth $230,000 after buying an additional 386 shares during the last quarter. Retirement Guys Formula LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 0.7% in the fourth quarter. Retirement Guys Formula LLC now owns 55,039 shares of the company’s stock valued at $1,578,000 after buying an additional 390 shares during the period. Finally, Van ECK Associates Corp lifted its position in shares of 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 last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.0 %

Shares of NASDAQ ANGL opened at $28.88 on Wednesday. The company has a market capitalization of $2.99 billion, a P/E ratio of 60.80 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.96. The stock has a 50 day moving average of $28.87 and a 200-day moving average of $29.02.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.1361 per share. The ex-dividend date of this dividend is Monday, March 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.