VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Bought by Cetera Advisors LLC

Cetera Advisors LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 165.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 83,583 shares of the company’s stock after purchasing an additional 52,125 shares during the quarter. Cetera Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $2,321,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 33.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,040,103 shares of the company’s stock valued at $62,019,000 after buying an additional 509,545 shares in the last quarter. Snider Financial Group grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.5% during the first quarter. Snider Financial Group now owns 114,218 shares of the company’s stock valued at $3,472,000 after purchasing an additional 4,944 shares during the last quarter. Ancora Advisors LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 29.0% during the first quarter. Ancora Advisors LLC now owns 29,002 shares of the company’s stock valued at $926,000 after purchasing an additional 6,514 shares during the last quarter. Vident Investment Advisory LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the first quarter valued at approximately $330,000. Finally, 1832 Asset Management L.P. bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the first quarter valued at approximately $29,769,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL stock opened at $27.71 on Friday. The stock has a market cap of $2.43 billion, a P/E ratio of 59.99 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.28 and a one year high of $28.44. The stock has a fifty day moving average price of $27.02 and a 200 day moving average price of $27.33.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were issued a dividend of $0.135 per share. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 5.85%.

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.