Essex LLC Raises Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Essex LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,176 shares of the company’s stock after purchasing an additional 6,116 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises 1.0% of Essex LLC’s investment portfolio, making the stock its 23rd largest holding. Essex LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $4,564,000 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 ANGL. Hobart Private Capital LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 20.2% during the fourth quarter. Hobart Private Capital LLC now owns 76,391 shares of the company’s stock worth $2,190,000 after purchasing an additional 12,824 shares in the last quarter. TFG Advisers LLC increased 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 acquiring an additional 1,065 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at $223,000. Darrow Company Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 37.6% during the 4th quarter. Darrow Company Inc. now owns 79,154 shares of the company’s stock worth $2,269,000 after purchasing an additional 21,615 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its position 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 buying an additional 590,999 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.4 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $28.88 on Friday. The business’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 has a fifty-two week low of $26.98 and a fifty-two week high of $29.47. The firm has a market cap of $2.99 billion, a PE ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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