VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Stake Decreased by Performa Ltd US LLC

Performa Ltd US LLC lessened its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 299,696 shares of the company’s stock after selling 8,200 shares during the period. VanEck Fallen Angel High Yield Bond ETF comprises 3.7% of Performa Ltd US LLC’s investment portfolio, making the stock its 6th largest holding. Performa Ltd US LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $8,625,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. RiverFront Investment Group LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 37.1% in the 4th quarter. RiverFront Investment Group LLC now owns 459,999 shares of the company’s stock worth $13,238,000 after buying an additional 124,546 shares during the period. Geneos Wealth Management Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 1.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 26,678 shares of the company’s stock valued at $768,000 after purchasing an additional 364 shares during the period. Zimmermann Investment Management & Planning LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 13.6% during the 4th quarter. Zimmermann Investment Management & Planning LLC now owns 129,816 shares of the company’s stock valued at $3,736,000 after purchasing an additional 15,556 shares during the period. Melone Private Wealth LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 159.1% during the 4th quarter. Melone Private Wealth LLC now owns 231,268 shares of the company’s stock valued at $6,656,000 after purchasing an additional 141,998 shares during the period. Finally, Wrapmanager Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 0.6% during the 3rd quarter. Wrapmanager Inc. now owns 208,526 shares of the company’s stock valued at $5,643,000 after purchasing an additional 1,235 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1 %

Shares of NASDAQ:ANGL traded down $0.04 during trading on Thursday, reaching $28.56. The stock had a trading volume of 54,523 shares, compared to its average volume of 1,287,026. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.28 and a one year high of $29.21. The company has a market capitalization of $2.93 billion, a P/E ratio of 0.48 and a beta of 0.34. The firm’s 50-day simple moving average is $28.64 and its 200 day simple moving average is $28.44.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a $0.1511 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 6.35%. The ex-dividend date was Wednesday, May 1st.

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.