VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 262,398 shares of the company’s stock after purchasing an additional 7,594 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.25% of VanEck Fallen Angel High Yield Bond ETF worth $7,523,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after purchasing an additional 38,164 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at approximately $424,000. Bank of New York Mellon Corp grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,198,889 shares of the company’s stock valued at $34,372,000 after purchasing an additional 13,587 shares during the period. US Bancorp DE grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 48.0% in the fourth quarter. US Bancorp DE now owns 4,679 shares of the company’s stock valued at $134,000 after purchasing an additional 1,517 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.8% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 32,037 shares of the company’s stock worth $919,000 after acquiring an additional 863 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ:ANGL opened at $28.92 on Tuesday. The business’s 50 day moving average price is $28.91 and its 200-day moving average price is $29.00. The firm has a market capitalization of $2.99 billion, a PE ratio of 60.80 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1361 dividend. The ex-dividend date was Monday, March 3rd.

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.