VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lowered its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 24.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 129,000 shares of the company’s stock after selling 40,800 shares during the period. Securian Asset Management Inc. owned 0.13% of VanEck Fallen Angel High Yield Bond ETF worth $3,777,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Biltmore Family Office LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 48.9% during the 1st quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock worth $40,000 after purchasing an additional 458 shares during the period. Costello Asset Management INC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth $44,000. Assetmark Inc. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 293.0% in the 1st quarter. Assetmark Inc. now owns 2,480 shares of the company’s stock worth $72,000 after acquiring an additional 1,849 shares during the period. Bogart Wealth LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 41.0% in the 1st quarter. Bogart Wealth LLC now owns 2,540 shares of the company’s stock worth $73,000 after acquiring an additional 738 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2,786.1% in the 1st quarter. GAMMA Investing LLC now owns 3,117 shares of the company’s stock worth $90,000 after acquiring an additional 3,009 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL stock opened at $29.50 on Wednesday. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.92 and a one year high of $29.75. The stock has a market capitalization of $3.13 billion, a PE ratio of 59.37 and a beta of 0.52. The company has a fifty day moving average of $29.47 and a 200-day moving average of $28.93.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.1465 dividend. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Wednesday, October 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.