Smartleaf Asset Management LLC Has $757,000 Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Smartleaf Asset Management LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 25.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,442 shares of the company’s stock after buying an additional 5,343 shares during the period. Smartleaf Asset Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $757,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Assetmark Inc. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after purchasing an additional 1,001 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% during the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after purchasing an additional 390 shares during the last quarter. Lowe Wealth Advisors LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% during the 4th quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after purchasing an additional 1,804 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 519.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock worth $94,000 after purchasing an additional 2,740 shares during the last quarter. Finally, Synergy Asset Management LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $108,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.6 %

Shares of ANGL opened at $28.89 on Tuesday. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 60.80 and a beta of 0.55. The stock’s 50-day moving average price is $28.87 and its 200 day moving average price is $29.02.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid 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 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.