VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Holdings Decreased by American Financial Advisors LLC

American Financial Advisors LLC lessened its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 497,181 shares of the company’s stock after selling 6,260 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises 2.0% of American Financial Advisors LLC’s holdings, making the stock its 16th biggest position. American Financial Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $14,622,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Millennium Management LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth $21,998,000. Strategic Financial Concepts LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 2,993.0% during the second quarter. Strategic Financial Concepts LLC now owns 557,519 shares of the company’s stock valued at $15,778,000 after purchasing an additional 539,494 shares during the last quarter. Jane Street Group LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the first quarter worth approximately $14,510,000. Bank of Montreal Can increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 482.2% in the second quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock valued at $15,463,000 after buying an additional 448,415 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 208.3% during the 1st quarter. Cetera Investment Advisers now owns 516,743 shares of the company’s stock worth $14,996,000 after acquiring an additional 349,129 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.2 %

Shares of NASDAQ ANGL traded down $0.05 during mid-day trading on Tuesday, reaching $28.99. The company had a trading volume of 134,813 shares, compared to its average volume of 1,026,146. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.48 and a 1-year high of $29.47. The stock has a market cap of $3.10 billion, a PE ratio of 0.48 and a beta of 0.52. The company has a 50-day moving average price of $29.17 and a two-hundred day moving average price of $28.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1501 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.