VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Acquired by Cerity Partners LLC

Cerity Partners LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,046,620 shares of the company’s stock after purchasing an additional 95,886 shares during the quarter. Cerity Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $89,205,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Biltmore Family Office LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 48.9% in the 1st quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock worth $40,000 after buying an additional 458 shares during the period. CWM LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 19.9% during the 2nd quarter. CWM LLC now owns 5,218 shares of the company’s stock valued at $153,000 after acquiring an additional 866 shares during the period. HF Advisory Group LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at $202,000. Meridian Financial LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth about $210,000. Finally, Elm3 Financial Group LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 6.8% in the 2nd quarter. Elm3 Financial Group LLC now owns 7,515 shares of the company’s stock valued at $220,000 after buying an additional 476 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2%

Shares of ANGL opened at $29.43 on Monday. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.92 and a 52 week high of $29.75. The stock’s 50-day moving average price is $29.44 and its 200-day moving average price is $29.23.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Friday, November 28th were given a $0.1471 dividend. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date was Friday, November 28th.

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.