Cerity Partners LLC Buys 124,871 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

Cerity Partners LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,171,491 shares of the company’s stock after acquiring an additional 124,871 shares during the quarter. Cerity Partners LLC owned 2.99% of VanEck Fallen Angel High Yield Bond ETF worth $94,288,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. ACT Advisors LLC. grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 10.9% during the third quarter. ACT Advisors LLC. now owns 285,636 shares of the company’s stock valued at $8,492,000 after purchasing an additional 28,013 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 109.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 370,272 shares of the company’s stock worth $10,805,000 after acquiring an additional 193,590 shares during the last quarter. Evergreen Capital Management LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 2.7% in the 2nd quarter. Evergreen Capital Management LLC now owns 1,033,582 shares of the company’s stock valued at $30,263,000 after acquiring an additional 27,409 shares during the period. Avantax Advisory Services Inc. raised its stake in VanEck Fallen Angel High Yield Bond ETF by 5.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 287,201 shares of the company’s stock valued at $8,409,000 after acquiring an additional 14,047 shares during the period. Finally, Cypress Financial Planning LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 6.9% during the third quarter. Cypress Financial Planning LLC now owns 439,541 shares of the company’s stock valued at $13,068,000 after purchasing an additional 28,438 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

NASDAQ:ANGL opened at $29.52 on Thursday. The business’s fifty day moving average is $29.39 and its 200 day moving average is $29.35. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.92 and a 52-week high of $29.75. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 59.37 and a beta of 0.44.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were paid a dividend of $0.1599 per share. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend was Monday, December 29th.

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.