Cerity Partners LLC Acquires 124,871 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

Cerity Partners LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,171,491 shares of the company’s stock after purchasing an additional 124,871 shares during the period. Cerity Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $94,288,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 10.0% in the first quarter. NewEdge Advisors LLC now owns 89,728 shares of the company’s stock valued at $2,590,000 after purchasing an additional 8,189 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 5.0% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 33,643 shares of the company’s stock valued at $971,000 after purchasing an additional 1,606 shares during the last quarter. Jane Street Group LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 12.3% during the 1st quarter. Jane Street Group LLC now owns 326,655 shares of the company’s stock valued at $9,427,000 after purchasing an additional 35,746 shares during the last quarter. Integrity Alliance LLC. purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at $8,553,000. Finally, WBI Investments LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at $428,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $29.52 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.92 and a 52-week high of $29.75. The company has a market cap of $3.16 billion, a PE ratio of 59.37 and a beta of 0.44. The business has a fifty day moving average of $29.39 and a 200 day moving average of $29.35.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a dividend of $0.1599 per share. This represents a c) annualized dividend and a dividend yield of 6.5%. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, December 29th.

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.