1832 Asset Management L.P. Has $34.80 Million Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

1832 Asset Management L.P. increased its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,229,659 shares of the company’s stock after acquiring an additional 10,666 shares during the period. 1832 Asset Management L.P.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $34,799,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State of Tennessee Treasury Department lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 61.9% in the fourth quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock worth $113,209,000 after buying an additional 1,504,000 shares during the last quarter. Morningstar Investment Services LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 98.6% in the 4th quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock worth $49,964,000 after purchasing an additional 860,132 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 2,993.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 557,519 shares of the company’s stock worth $15,778,000 after purchasing an additional 539,494 shares during the last quarter. Jane Street Group LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the first quarter worth approximately $14,510,000. Finally, Cetera Investment Advisers grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 208.3% during the first quarter. Cetera Investment Advisers now owns 516,743 shares of the company’s stock valued at $14,996,000 after purchasing an additional 349,129 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.0 %

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.37 on Tuesday. The firm has a fifty day simple moving average of $28.96 and a 200-day simple moving average of $28.71. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.28 and a 1-year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1501 per share. The ex-dividend date was Tuesday, September 3rd.

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.