VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Purchased by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 172,900 shares of the company’s stock after purchasing an additional 2,872 shares during the quarter. Transamerica Financial Advisors Inc. owned approximately 0.16% of VanEck Fallen Angel High Yield Bond ETF worth $5,085,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. M Holdings Securities Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 7.2% during the third quarter. M Holdings Securities Inc. now owns 175,509 shares of the company’s stock worth $5,162,000 after acquiring an additional 11,810 shares during the last quarter. Cerity Partners LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 2.6% during the 3rd quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock worth $82,419,000 after purchasing an additional 70,163 shares during the last quarter. Great Valley Advisor Group Inc. increased its stake in VanEck Fallen Angel High Yield Bond ETF by 6.5% in the third quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock valued at $260,000 after purchasing an additional 540 shares during the period. Citigroup Inc. raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 34.8% in the third quarter. Citigroup Inc. now owns 177,132 shares of the company’s stock valued at $5,209,000 after buying an additional 45,694 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock worth $40,487,000 after buying an additional 38,164 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL traded up $0.18 during trading on Tuesday, hitting $29.16. The stock had a trading volume of 551,024 shares, compared to its average volume of 1,002,800. The firm has a market capitalization of $3.07 billion, a P/E ratio of 0.48 and a beta of 0.52. The company’s 50-day moving average price is $29.10 and its 200 day moving average price is $28.85. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.1568 per share. This represents a $1.88 annualized dividend and a yield of 6.45%. The ex-dividend date of this dividend was Friday, November 1st.

VanEck Fallen Angel High Yield Bond ETF 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.