Janney Capital Management LLC Sells 8,305 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

Janney Capital Management LLC decreased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 429,100 shares of the company’s stock after selling 8,305 shares during the period. Janney Capital Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $12,564,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 0.6% during the first quarter. LPL Financial LLC now owns 3,742,074 shares of the company’s stock valued at $107,996,000 after purchasing an additional 24,154 shares in the last quarter. Capital Investment Advisors LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% during the first quarter. Capital Investment Advisors LLC now owns 3,046,291 shares of the company’s stock valued at $87,916,000 after acquiring an additional 120,975 shares in the last quarter. Cerity Partners LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.6% during the first quarter. Cerity Partners LLC now owns 2,950,734 shares of the company’s stock valued at $85,158,000 after acquiring an additional 101,492 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.4% during the first quarter. Envestnet Asset Management Inc. now owns 1,910,732 shares of the company’s stock valued at $55,144,000 after acquiring an additional 62,985 shares in the last quarter. Finally, Horizon Investments LLC increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.6% during the first quarter. Horizon Investments LLC now owns 1,026,701 shares of the company’s stock valued at $29,312,000 after acquiring an additional 6,455 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.2%

Shares of ANGL opened at $29.70 on Tuesday. The company has a market capitalization of $3.02 billion, a P/E ratio of 59.37 and a beta of 0.52. The firm has a 50 day moving average of $29.34 and a 200 day moving average of $28.85. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.92 and a twelve month high of $29.75.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were given a dividend of $0.1497 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 6.0%.

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.