Wealthfront Advisers LLC Raises Stock Holdings in VanEck Fallen Angel High Yield Bond ETF $ANGL

Wealthfront Advisers LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 121.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,968 shares of the company’s stock after acquiring an additional 57,497 shares during the quarter. Wealthfront Advisers LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $3,121,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ANGL. ACT Advisors LLC. boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 10.9% in the 3rd quarter. ACT Advisors LLC. now owns 285,636 shares of the company’s stock worth $8,492,000 after buying an additional 28,013 shares during the period. AE Wealth Management LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 5.1% during the 3rd quarter. AE Wealth Management LLC now owns 514,602 shares of the company’s stock valued at $15,299,000 after acquiring an additional 25,076 shares during the period. Evergreen Capital Management LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.7% during the second quarter. Evergreen Capital Management LLC now owns 1,033,582 shares of the company’s stock worth $30,263,000 after acquiring an additional 27,409 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth $519,000. Finally, CWM LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 825.5% in the third quarter. CWM LLC now owns 48,294 shares of the company’s stock worth $1,436,000 after acquiring an additional 43,076 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ ANGL opened at $29.70 on Friday. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.92 and a fifty-two week high of $29.75. The stock has a market cap of $3.14 billion, a PE ratio of 59.37 and a beta of 0.44. The stock has a fifty day moving average of $29.50 and a 200-day moving average of $29.44.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1591 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Monday, February 2nd.

VanEck Fallen Angel High Yield Bond ETF Company 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.