VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,802,413 shares of the company’s stock after buying an additional 70,163 shares during the quarter. Cerity Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $82,419,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Triad Wealth Partners LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter valued at about $25,000. EverSource Wealth Advisors LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 138.8% in the second quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock valued at $26,000 after acquiring an additional 522 shares during the period. Assetmark Inc. grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after purchasing an additional 1,001 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $45,000. Finally, Gleason Group Inc. bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth approximately $55,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $28.98 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47. The stock has a fifty day moving average price of $29.10 and a 200 day moving average price of $28.85. The company has a market cap of $3.05 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1568 per share. The ex-dividend date was Friday, November 1st. This represents a $1.88 annualized dividend and a dividend yield of 6.49%.

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.