Total Clarity Wealth Management Inc. Takes $991,000 Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Total Clarity Wealth Management Inc. purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,579 shares of the company’s stock, valued at approximately $991,000.

Several other large investors have also made changes to their positions in the company. Assetmark Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 281.2% in the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after buying an additional 1,001 shares during the period. Fortitude Family Office LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the third quarter valued at about $45,000. Lowe Wealth Advisors LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock valued at $72,000 after buying an additional 1,804 shares during the period. Synergy Asset Management LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at about $108,000. Finally, Great Valley Advisor Group Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 6.5% in the third quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock valued at $260,000 after buying an additional 540 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL opened at $29.04 on Friday. The firm has a market cap of $3.01 billion, a P/E ratio of 0.48 and a beta of 0.52. The stock’s 50-day moving average is $28.92 and its 200-day moving average is $28.98. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.98 and a one year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 27th were given a dividend of $0.1564 per share. The ex-dividend date of this dividend was Friday, December 27th. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

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.