Performa Ltd US LLC Has $3.26 Million Stock Position in VanEck Fallen Angel High Yield Bond ETF $ANGL

Performa Ltd US LLC lowered its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 76.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,317 shares of the company’s stock after selling 363,542 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises about 1.0% of Performa Ltd US LLC’s investment portfolio, making the stock its 13th biggest position. Performa Ltd US LLC owned approximately 0.11% of VanEck Fallen Angel High Yield Bond ETF worth $3,259,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ANGL. Mosaic Family Wealth Partners LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 4.9% during the second quarter. Mosaic Family Wealth Partners LLC now owns 160,960 shares of the company’s stock worth $4,713,000 after buying an additional 7,487 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.3% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 219,168 shares of the company’s stock worth $6,417,000 after acquiring an additional 7,045 shares in the last quarter. Western Wealth Management LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the 2nd quarter. Western Wealth Management LLC now owns 17,631 shares of the company’s stock worth $516,000 after acquiring an additional 1,161 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 47.2% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 48,646 shares of the company’s stock valued at $1,424,000 after acquiring an additional 15,599 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 5.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 287,201 shares of the company’s stock valued at $8,409,000 after acquiring an additional 14,047 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $29.14 on Wednesday. The firm has a market cap of $3.04 billion, a P/E ratio of 59.37 and a beta of 0.44. The business has a 50 day moving average price of $29.50 and a 200 day moving average price of $29.15. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.92 and a twelve month high of $29.75.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a dividend of $0.162 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 6.7%. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15.

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.