Arete Wealth Advisors LLC Decreases Holdings in VanEck Fallen Angel High Yield Bond ETF $ANGL

Arete Wealth Advisors LLC trimmed its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,246 shares of the company’s stock after selling 1,466 shares during the period. Arete Wealth Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Biltmore Family Office LLC lifted its holdings 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 buying an additional 458 shares during the last quarter. TFB Advisors LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.6% during the 1st quarter. TFB Advisors LLC now owns 11,506 shares of the company’s stock worth $332,000 after buying an additional 506 shares during the last quarter. Csenge Advisory Group lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 4.3% during the 1st quarter. Csenge Advisory Group now owns 13,107 shares of the company’s stock worth $367,000 after buying an additional 542 shares during the last quarter. Spire Wealth Management lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 6.6% during the 1st quarter. Spire Wealth Management now owns 9,403 shares of the company’s stock worth $271,000 after buying an additional 583 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.0% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 59,671 shares of the company’s stock worth $1,722,000 after buying an additional 595 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of NASDAQ ANGL opened at $29.45 on Wednesday. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 59.37 and a beta of 0.52. The business has a 50-day moving average of $29.18 and a two-hundred day moving average of $28.78. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.92 and a 1 year high of $29.52.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a $0.1497 dividend. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.