VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Acquired by LPL Financial LLC

LPL Financial LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,772,806 shares of the company’s stock after purchasing an additional 246,899 shares during the quarter. LPL Financial LLC owned about 3.58% of VanEck Fallen Angel High Yield Bond ETF worth $110,958,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ANGL. Triad Wealth Partners LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock valued at $26,000 after acquiring an additional 522 shares during the last quarter. Assetmark Inc. lifted its position in VanEck Fallen Angel High Yield Bond ETF by 281.2% during the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after acquiring an additional 1,001 shares during the period. Fortitude Family Office LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at approximately $45,000. Finally, Gleason Group Inc. purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at approximately $55,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.98 on Friday. The stock has a market capitalization of $3.05 billion, a PE ratio of 0.48 and a beta of 0.52. The business has a 50 day simple moving average of $29.10 and a 200-day simple moving average of $28.84. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.1568 dividend. This represents a $1.88 annualized dividend and a dividend yield of 6.49%. The ex-dividend date of this dividend was Friday, November 1st.

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.