Allianz Asset Management GmbH Buys 23,200 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Allianz Asset Management GmbH lifted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report) by 55.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 65,239 shares of the company’s stock after purchasing an additional 23,200 shares during the period. Allianz Asset Management GmbH owned about 0.06% of VanEck Fallen Angel High Yield Bond ETF worth $1,878,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 18.5% in the third quarter. LPL Financial LLC now owns 2,762,840 shares of the company’s stock valued at $74,762,000 after acquiring an additional 431,597 shares during the period. Capital Investment Advisors LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 3.2% during the 4th quarter. Capital Investment Advisors LLC now owns 2,713,464 shares of the company’s stock valued at $78,094,000 after purchasing an additional 84,710 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings 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 buying an additional 721,999 shares during the period. Envestnet Asset Management Inc. grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 48.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,956,184 shares of the company’s stock worth $52,934,000 after buying an additional 639,723 shares during the last quarter. Finally, Wright Fund Management LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at approximately $27,539,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.5 %

Shares of ANGL stock opened at $28.46 on Friday. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The stock has a fifty day moving average of $28.52 and a 200 day moving average of $28.66. 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 announced a dividend, which was paid on Thursday, June 6th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.1562 per share. The ex-dividend date was Monday, June 3rd.

About VanEck Fallen Angel High Yield Bond ETF

(Free Report)

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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Institutional Ownership by Quarter for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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