VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Bought by Cypress Financial Planning LLC

Cypress Financial Planning LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 439,541 shares of the company’s stock after buying an additional 28,438 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF makes up approximately 4.0% of Cypress Financial Planning LLC’s investment portfolio, making the stock its 9th largest position. Cypress Financial Planning LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $13,068,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ANGL. Integrity Alliance LLC. acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at approximately $8,553,000. Thrivent Financial for Lutherans acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the second quarter worth $8,275,000. Tidal Investments LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth $8,244,000. ACT Advisors LLC. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at $7,543,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 109.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 370,272 shares of the company’s stock valued at $10,805,000 after purchasing an additional 193,590 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2%

Shares of ANGL opened at $29.46 on Friday. The company has a market capitalization of $3.07 billion, a PE ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.92 and a 12 month high of $29.75. The stock’s 50-day moving average price is $29.41 and its two-hundred day moving average price is $29.28.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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

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.