Prospera Financial Services Inc Has $1.35 Million Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Prospera Financial Services Inc cut its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 9.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 45,767 shares of the company’s stock after selling 5,006 shares during the quarter. Prospera Financial Services Inc’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,346,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. LPL Financial LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.4% during the second quarter. LPL Financial LLC now owns 3,525,907 shares of the company’s stock worth $99,783,000 after acquiring an additional 148,241 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 3.9% during the 2nd quarter. Capital Investment Advisors LLC now owns 3,000,290 shares of the company’s stock worth $84,908,000 after purchasing an additional 113,818 shares in the last quarter. 1832 Asset Management L.P. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,229,659 shares of the company’s stock valued at $34,799,000 after purchasing an additional 10,666 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 3.6% in the second quarter. Bank of New York Mellon Corp now owns 1,188,234 shares of the company’s stock valued at $33,627,000 after purchasing an additional 40,902 shares in the last quarter. Finally, Evergreen Capital Management LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1.7% during the second quarter. Evergreen Capital Management LLC now owns 994,173 shares of the company’s stock worth $28,135,000 after buying an additional 16,388 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $28.97 on Friday. The firm has a market cap of $3.05 billion, a PE ratio of 0.48 and a beta of 0.52. The business’s 50 day simple moving average is $29.11 and its 200 day simple moving average is $28.84. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.98 and a 52-week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1568 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.88 dividend on an annualized basis and a yield of 6.50%.

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.