Sigma Planning Corp Has $1.94 Million Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Sigma Planning Corp lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 5.1% during the third quarter, Holdings Channel.com reports. The firm owned 65,860 shares of the company’s stock after buying an additional 3,218 shares during the period. Sigma Planning Corp’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,937,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Atria Investments Inc raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 41.9% during the third quarter. Atria Investments Inc now owns 57,350 shares of the company’s stock worth $1,687,000 after acquiring an additional 16,927 shares during the last quarter. Assetmark Inc. increased its position in VanEck Fallen Angel High Yield Bond ETF by 281.2% in the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after purchasing an additional 1,001 shares during the period. Rovin Capital UT ADV raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 3.6% during the 3rd quarter. Rovin Capital UT ADV now owns 67,131 shares of the company’s stock worth $1,974,000 after purchasing an additional 2,350 shares during the last quarter. Financial Services Advisory Inc lifted its position in VanEck Fallen Angel High Yield Bond ETF by 4.1% during the 3rd quarter. Financial Services Advisory Inc now owns 46,273 shares of the company’s stock valued at $1,361,000 after purchasing an additional 1,823 shares during the period. Finally, US Financial Advisors LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.4% in the 3rd quarter. US Financial Advisors LLC now owns 167,309 shares of the company’s stock valued at $4,921,000 after purchasing an additional 5,443 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of VanEck Fallen Angel High Yield Bond ETF stock opened at $29.13 on Tuesday. The firm has a fifty day moving average of $29.13 and a two-hundred day moving average of $28.81. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.98 and a 52 week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1568 per share. This represents a $1.88 annualized dividend and a yield of 6.46%. The ex-dividend date of this dividend was Friday, November 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.