Burns J W & Co. Inc. NY Reduces Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Burns J W & Co. Inc. NY decreased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.5% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 48,344 shares of the company’s stock after selling 1,245 shares during the period. Burns J W & Co. Inc. NY’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,403,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. State of Tennessee Treasury Department lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 61.9% during the 4th quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock worth $113,209,000 after purchasing an additional 1,504,000 shares in the last quarter. Capital Investment Advisors LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 3.2% in the 4th quarter. Capital Investment Advisors LLC now owns 2,713,464 shares of the company’s stock worth $78,094,000 after acquiring an additional 84,710 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in VanEck Fallen Angel High Yield Bond ETF by 10.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,167,274 shares of the company’s stock worth $62,374,000 after acquiring an additional 211,090 shares during the last quarter. Ameriprise Financial Inc. increased its stake in VanEck Fallen Angel High Yield Bond ETF by 53.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock worth $55,796,000 after acquiring an additional 721,999 shares during the last quarter. Finally, Morningstar Investment Services LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 98.6% during the 4th quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock valued at $49,964,000 after purchasing an additional 860,132 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.4 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock traded down $0.10 during trading on Friday, hitting $28.30. 1,134,611 shares of the stock traded hands, compared to its average volume of 1,184,175. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The firm’s fifty day moving average is $28.52 and its 200-day moving average is $28.70. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The business also recently declared 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

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.