Raymond James & Associates lessened its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL – Free Report) by 1.7% during the third quarter, HoldingsChannel.com reports. The fund owned 380,747 shares of the company’s stock after selling 6,642 shares during the period. Raymond James & Associates’ holdings in VanEck Fallen Angel High Yield Bond ETF were worth $11,198,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Triad Wealth Partners LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at approximately $25,000. EverSource Wealth Advisors LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 138.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock valued at $26,000 after buying an additional 522 shares during the last quarter. Gleason Group Inc. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at about $55,000. SageView Advisory Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the first quarter worth $92,000. Finally, Cultivar Capital Inc. purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the second quarter worth about $121,000.
VanEck Fallen Angel High Yield Bond ETF Price Performance
Shares of ANGL opened at $29.04 on Tuesday. The stock’s fifty day moving average price is $29.17 and its two-hundred day moving average price is $28.77. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.48 and a 1 year high of $29.47. The firm has a market cap of $3.11 billion, a PE ratio of 0.48 and a beta of 0.52.
VanEck Fallen Angel High Yield Bond ETF Cuts Dividend
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.
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Want to see what other hedge funds are holding ANGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL – Free Report).
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