VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Purchased by US Financial Advisors LLC

US Financial Advisors LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 167,309 shares of the company’s stock after acquiring an additional 5,443 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for about 1.5% of US Financial Advisors LLC’s holdings, making the stock its 20th biggest position. US Financial Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $4,921,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Truist Financial Corp grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 0.7% in the second quarter. Truist Financial Corp now owns 48,116 shares of the company’s stock valued at $1,362,000 after purchasing an additional 347 shares during the period. Delta Investment Management LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 2.6% during the 2nd quarter. Delta Investment Management LLC now owns 19,069 shares of the company’s stock worth $540,000 after buying an additional 492 shares during the last quarter. Financial Advocates Investment Management raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.0% in the 3rd quarter. Financial Advocates Investment Management now owns 12,870 shares of the company’s stock worth $379,000 after buying an additional 495 shares during the period. Retirement Guys Formula LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% in the 3rd quarter. Retirement Guys Formula LLC now owns 54,649 shares of the company’s stock worth $1,607,000 after buying an additional 510 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 138.8% during 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.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ:ANGL opened at $28.91 on Thursday. The firm has a market capitalization of $3.04 billion, a PE ratio of 0.48 and a beta of 0.52. 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 has a 50-day moving average of $29.13 and a two-hundred day moving average of $28.79.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued 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 6.51%.

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.