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

Strategic Financial Concepts LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2,993.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 557,519 shares of the company’s stock after purchasing an additional 539,494 shares during the quarter. Strategic Financial Concepts LLC owned 0.53% of VanEck Fallen Angel High Yield Bond ETF worth $15,778,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. State of Tennessee Treasury Department increased its stake in VanEck Fallen Angel High Yield Bond ETF by 61.9% during the 4th quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock valued at $113,209,000 after buying an additional 1,504,000 shares during the period. Morningstar Investment Services LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 98.6% during the fourth quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock worth $49,964,000 after purchasing an additional 860,132 shares in the last quarter. Jane Street Group LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the first quarter worth approximately $14,510,000. Cetera Investment Advisers boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 208.3% during the 1st quarter. Cetera Investment Advisers now owns 516,743 shares of the company’s stock valued at $14,996,000 after purchasing an additional 349,129 shares in the last quarter. Finally, 1832 Asset Management L.P. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 33.6% during the 4th quarter. 1832 Asset Management L.P. now owns 1,221,400 shares of the company’s stock valued at $35,152,000 after purchasing an additional 307,509 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.0 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.10 on Friday. The business has a fifty day simple moving average of $28.77 and a 200-day simple moving average of $28.67. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.27.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1501 per share. The ex-dividend date was Tuesday, September 3rd.

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.