Family Legacy Inc. Purchases 7,862 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Family Legacy Inc. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 5.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 148,724 shares of the company’s stock after purchasing an additional 7,862 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for 1.4% of Family Legacy Inc.’s holdings, making the stock its 26th biggest position. Family Legacy Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $4,267,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ANGL. Tcfg Wealth Management LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.5% during the fourth quarter. Tcfg Wealth Management LLC now owns 10,199 shares of the company’s stock valued at $292,000 after buying an additional 347 shares during the last quarter. Authentikos Wealth Advisory LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 5.1% during the 4th quarter. Authentikos Wealth Advisory LLC now owns 8,010 shares of the company’s stock worth $230,000 after acquiring an additional 386 shares during the period. Retirement Guys Formula LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 0.7% during the 4th quarter. Retirement Guys Formula LLC now owns 55,039 shares of the company’s stock worth $1,578,000 after acquiring an additional 390 shares during the period. Van ECK Associates Corp increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 38.1% in the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after acquiring an additional 390 shares during the last quarter. Finally, McKinley Carter Wealth Services Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 1.9% in the 4th quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock valued at $632,000 after acquiring an additional 415 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.0 %

Shares of NASDAQ:ANGL opened at $28.83 on Monday. The company has a 50-day moving average price of $28.95 and a two-hundred day moving average price of $28.99. The firm has a market capitalization of $2.99 billion, a PE ratio of 60.45 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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