Envestnet Portfolio Solutions Inc. Raises Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Envestnet Portfolio Solutions Inc. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 262,398 shares of the company’s stock after purchasing an additional 7,594 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $7,523,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. LPL Financial LLC boosted its position 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 in the last quarter. Capital Investment Advisors LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 2,925,316 shares of the company’s stock worth $83,869,000 after acquiring an additional 116,162 shares in the last quarter. Cerity Partners LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.6% during the 3rd quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock worth $82,419,000 after acquiring an additional 70,163 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 8.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,499,618 shares of the company’s stock worth $42,994,000 after acquiring an additional 122,972 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,198,889 shares of the company’s stock worth $34,372,000 after acquiring an additional 13,587 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

NASDAQ:ANGL opened at $28.92 on Tuesday. The stock has a 50-day simple moving average of $28.91 and a 200-day simple moving average of $29.00. The stock has a market cap of $2.99 billion, a P/E ratio of 60.80 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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