Envestnet Asset Management Inc. Grows Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Envestnet Asset Management Inc. grew its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,167,274 shares of the company’s stock after buying an additional 211,090 shares during the period. Envestnet Asset Management Inc. owned 2.04% of VanEck Fallen Angel High Yield Bond ETF worth $62,374,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ANGL. Wright Fund Management LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth $27,539,000. Ameriprise Financial Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 53.9% in the third quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock worth $55,796,000 after purchasing an additional 721,999 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 562.1% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 661,041 shares of the company’s stock worth $19,025,000 after purchasing an additional 561,195 shares during the period. ACT Advisors LLC. purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at approximately $16,135,000. Finally, LPL Financial LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 18.5% in the 3rd quarter. LPL Financial LLC now owns 2,762,840 shares of the company’s stock worth $74,762,000 after buying an additional 431,597 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1 %

ANGL opened at $28.48 on Tuesday. The firm has a 50 day moving average of $28.52 and a two-hundred day moving average of $28.67. The firm has a market capitalization of $2.94 billion, a PE ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.28 and a 12-month high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 6th. Investors of record on Monday, June 3rd were given a dividend of $0.1562 per share. The ex-dividend date of this dividend was Monday, June 3rd.

About VanEck Fallen Angel High Yield Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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