Cerity Partners LLC Grows Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

Cerity Partners LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,046,620 shares of the company’s stock after acquiring an additional 95,886 shares during the period. Cerity Partners LLC owned about 2.99% of VanEck Fallen Angel High Yield Bond ETF worth $89,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Biltmore Family Office LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 48.9% during the first quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock valued at $40,000 after purchasing an additional 458 shares in the last quarter. CWM LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 19.9% in the second quarter. CWM LLC now owns 5,218 shares of the company’s stock worth $153,000 after buying an additional 866 shares in the last quarter. HF Advisory Group LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the second quarter worth $202,000. Meridian Financial LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter valued at $210,000. Finally, Elm3 Financial Group LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 6.8% in the 2nd quarter. Elm3 Financial Group LLC now owns 7,515 shares of the company’s stock valued at $220,000 after acquiring an additional 476 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.2%

ANGL opened at $29.43 on Monday. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 59.37 and a beta of 0.44. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.92 and a 12 month high of $29.75. The stock has a fifty day moving average price of $29.44 and a 200-day moving average price of $29.23.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Friday, November 28th were issued a $0.1471 dividend. The ex-dividend date was Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.