Performa Ltd US LLC Buys 103,418 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Performa Ltd US LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 30.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 445,859 shares of the company’s stock after acquiring an additional 103,418 shares during the period. VanEck Fallen Angel High Yield Bond ETF makes up about 4.5% of Performa Ltd US LLC’s portfolio, making the stock its 5th biggest holding. Performa Ltd US LLC owned approximately 0.43% of VanEck Fallen Angel High Yield Bond ETF worth $12,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of ANGL. Raymond James Financial Inc. acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at about $19,086,000. Strategic Financial Concepts LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2,872.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 611,573 shares of the company’s stock valued at $17,534,000 after buying an additional 590,999 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 54.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock valued at $23,607,000 after buying an additional 282,668 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock worth $110,958,000 after acquiring an additional 246,899 shares during the period. Finally, National Bank of Canada FI acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth $6,994,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.3 %

Shares of NASDAQ ANGL opened at $28.89 on Monday. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 60.80 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 stock has a 50-day moving average price of $28.90 and a two-hundred day moving average price of $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1361 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.