Burns J W & Co. Inc. NY Boosts Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Burns J W & Co. Inc. NY boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 51,990 shares of the company’s stock after buying an additional 3,675 shares during the period. Burns J W & Co. Inc. NY’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,529,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ANGL. Triad Wealth Partners LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $25,000. EverSource Wealth Advisors LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the second quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock valued at $26,000 after acquiring an additional 522 shares in the last quarter. Pineridge Advisors LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $50,000. Gleason Group Inc. purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $55,000. Finally, SageView Advisory Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the first quarter valued at $92,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL traded down $0.04 on Friday, reaching $29.14. The company’s stock had a trading volume of 1,278,252 shares, compared to its average volume of 1,047,516. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.28 and a 52-week high of $29.47. The company has a market cap of $3.12 billion, a P/E ratio of 0.48 and a beta of 0.52. The company has a 50-day simple moving average of $29.07 and a 200 day simple moving average of $28.74.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1501 dividend. The ex-dividend date was Tuesday, September 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.