VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Stock Holdings Increased by Cerity Partners LLC

Cerity Partners LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,849,242 shares of the company’s stock after purchasing an additional 46,829 shares during the period. Cerity Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $81,688,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 27.2% in the 3rd quarter. Stifel Financial Corp now owns 386,343 shares of the company’s stock valued at $11,362,000 after purchasing an additional 82,622 shares during the period. National Bank of Canada FI purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at about $6,994,000. Cape Cod Five Cents Savings Bank boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 14.5% in the third quarter. Cape Cod Five Cents Savings Bank now owns 526,750 shares of the company’s stock worth $14,907,000 after buying an additional 66,752 shares during the period. Continuum Advisory LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.5% in the third quarter. Continuum Advisory LLC now owns 36,341 shares of the company’s stock worth $1,051,000 after acquiring an additional 899 shares in the last quarter. Finally, Arete Wealth Advisors LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 155.2% during the third quarter. Arete Wealth Advisors LLC now owns 18,390 shares of the company’s stock valued at $541,000 after acquiring an additional 11,183 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL opened at $27.47 on Tuesday. The firm has a 50 day simple moving average of $28.87 and a 200 day simple moving average of $28.95. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.98 and a 52 week high of $29.47. The company has a market cap of $3.07 billion, a PE ratio of 57.90 and a beta of 0.47.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a $0.1578 dividend. This represents a $1.89 annualized dividend and a dividend yield of 6.89%. The ex-dividend date was Tuesday, April 1st. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.16.

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.