VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Bought by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 172,900 shares of the company’s stock after acquiring an additional 2,872 shares during the period. Transamerica Financial Advisors Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $5,085,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ANGL. Triad Wealth Partners LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at $25,000. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 purchasing an additional 522 shares in the last quarter. Assetmark Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% in 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 position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $45,000. Finally, Gleason Group Inc. purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at approximately $55,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

VanEck Fallen Angel High Yield Bond ETF stock traded up $0.18 during mid-day trading on Tuesday, hitting $29.16. 551,024 shares of the company were exchanged, compared to its average volume of 1,002,800. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47. The business’s 50 day simple moving average is $29.10 and its two-hundred day simple moving average is $28.85. The company has a market capitalization of $3.07 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 announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1568 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.88 annualized dividend and a yield of 6.45%.

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.