Cerity Partners LLC Has $97.93 Million 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 5.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,334,783 shares of the company’s stock after buying an additional 163,292 shares during the period. Cerity Partners LLC owned about 3.16% of VanEck Fallen Angel High Yield Bond ETF worth $97,926,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 31.5% during the fourth quarter. JPMorgan Chase & Co. now owns 171,753 shares of the company’s stock worth $5,044,000 after buying an additional 41,161 shares in the last quarter. Napier Financial LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $5,969,000. Arrowpoint Investment Partners Singapore Pte. Ltd. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 37.6% in the 4th quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. now owns 42,100 shares of the company’s stock valued at $1,236,000 after purchasing an additional 11,500 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.1% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 27,532 shares of the company’s stock valued at $808,000 after purchasing an additional 562 shares in the last quarter. Finally, Comprehensive Wealth Management LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 23.1% in the 4th quarter. Comprehensive Wealth Management LLC now owns 76,971 shares of the company’s stock valued at $2,260,000 after purchasing an additional 14,443 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL opened at $29.00 on Wednesday. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $28.35 and a 52 week high of $29.77. The company’s fifty day moving average is $29.07 and its 200-day moving average is $29.27. The company has a market capitalization of $3.04 billion, a PE ratio of 59.37 and a beta of 0.43.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.1535 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Monday, June 1st.

VanEck Fallen Angel High Yield Bond ETF Company 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.