Tcfg Wealth Management LLC Has $292,000 Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Tcfg Wealth Management LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.5% in the 4th quarter, HoldingsChannel reports. The firm owned 10,199 shares of the company’s stock after buying an additional 347 shares during the period. Tcfg Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock worth $40,487,000 after buying an additional 38,164 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth $424,000. Foundations Investment Advisors LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 18.4% during the third quarter. Foundations Investment Advisors LLC now owns 13,594 shares of the company’s stock worth $400,000 after buying an additional 2,117 shares in the last quarter. Stewardship Advisors LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the third quarter worth $3,053,000. Finally, Lowe Wealth Advisors LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% during the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after buying an additional 1,804 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $28.97 on Friday. 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 company has a market capitalization of $3.00 billion, a P/E ratio of 0.48 and a beta of 0.52. The stock has a fifty day moving average of $28.87 and a 200-day moving average of $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced 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 was Monday, February 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.