Stratos Wealth Partners LTD. Reduces Stake in VanEck Fallen Angel High Yield Bond ETF

Stratos Wealth Partners LTD. has decreased its investment in the VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.4% during the fourth quarter of the fiscal year. This update was disclosed in their most recent filing with the Securities and Exchange Commission. Following the sale of 3,407 shares, Stratos Wealth Partners LTD. now holds a total of 36,967 shares of the ETF. At the conclusion of the latest reporting period, the value of their holdings in the ETF was approximately $1,060,000.

In addition to Stratos Wealth Partners, several other significant investors have also adjusted their investments in the VanEck Fallen Angel High Yield Bond ETF. For instance, Assetmark Inc. increased its stake by an impressive 281.2% in the third quarter, bringing its total ownership to 1,357 shares worth about $40,000, after acquiring an additional 1,001 shares. Additionally, Fortitude Family Office LLC initiated a new position in the ETF during the third quarter with an investment estimated at $45,000.

Furthermore, Lowe Wealth Advisors LLC raised its position in the VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter, acquiring 2,520 shares valued at $72,000 after an additional purchase of 1,804 shares. Synergy Asset Management LLC also entered this space with a new stake worth approximately $108,000 in the fourth quarter. Finally, Great Valley Advisor Group Inc. increased its stake by 6.5% during the third quarter, now holding 8,826 shares valued at around $260,000, after buying 540 additional shares during the period.

VanEck Fallen Angel High Yield Bond ETF Market Performance

As of the latest trading day, the VanEck Fallen Angel High Yield Bond ETF's stock opened at $28.88. The ETF has a 50-day moving average of $28.90 and a 200-day moving average of $28.99. The total market capitalization for the ETF stands at $2.99 billion, with a price-to-earnings ratio of 0.48 and a beta of 0.52. Historical data shows a 1-year low of $26.98 and a 1-year high of $29.47, indicating its fluctuation in the market over the past year.

Recent Dividend Announcement

On February 6th, the VanEck Fallen Angel High Yield Bond ETF announced a dividend payment. Investors who held shares before the ex-dividend date on February 3rd were eligible to receive a dividend of $0.1563 per share.

Overview of VanEck Fallen Angel High Yield Bond ETF

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is designed to primarily invest in high yield fixed income securities. The fund tracks an index that is weighted according to market value, focusing on bonds that were rated as investment grade at the time of issue but were later downgraded to sub-investment grade. The ETF was launched on April 10, 2012, and it is managed by VanEck, a recognized name in the investment sector.

Further Resources and Insights

For those interested in exploring more about the VanEck Fallen Angel High Yield Bond ETF and what other hedge funds are holding this investment, additional information can be found through various financial news platforms.

Stratos, Investors, ETF