Towneley Capital Management Inc DE boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL – Free Report) by 4.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,359 shares of the company’s stock after buying an additional 5,554 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF accounts for approximately 0.9% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 16th largest position. Towneley Capital Management Inc DE owned 0.13% of VanEck Fallen Angel High Yield Bond ETF worth $3,758,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in 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 worth $107,996,000 after buying an additional 24,154 shares during the period. Capital Investment Advisors LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 4.7% during the second quarter. Capital Investment Advisors LLC now owns 3,188,119 shares of the company’s stock worth $93,348,000 after buying an additional 141,828 shares during the period. Cerity Partners LLC boosted its stake in 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 worth $85,158,000 after buying an additional 101,492 shares during the period. Envestnet Asset Management Inc. boosted its stake in 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 worth $55,144,000 after buying an additional 62,985 shares during the period. Finally, Horizon Investments LLC boosted its stake in 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 worth $29,312,000 after buying an additional 6,455 shares during the period.
VanEck Fallen Angel High Yield Bond ETF Trading Up 0.3%
NASDAQ:ANGL opened at $29.54 on Tuesday. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.92 and a twelve month high of $29.75. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 59.37 and a beta of 0.52. The stock has a fifty day simple moving average of $29.46 and a 200-day simple moving average of $28.93.
VanEck Fallen Angel High Yield Bond ETF Cuts Dividend
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.
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