Kensington Asset Management LLC Boosts Stock Holdings in VanEck Fallen Angel High Yield Bond ETF $ANGL

Kensington Asset Management LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,394,430 shares of the company’s stock after purchasing an additional 30,560 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for about 2.1% of Kensington Asset Management LLC’s holdings, making the stock its 15th biggest position. Kensington Asset Management LLC owned 1.32% of VanEck Fallen Angel High Yield Bond ETF worth $40,968,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ANGL. Jane Street Group LLC increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 12.3% in the first quarter. Jane Street Group LLC now owns 326,655 shares of the company’s stock worth $9,427,000 after purchasing an additional 35,746 shares in the last quarter. Creative Planning purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth about $269,000. Qube Research & Technologies Ltd increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 32.9% in the second quarter. Qube Research & Technologies Ltd now owns 25,745 shares of the company’s stock worth $754,000 after purchasing an additional 6,377 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth about $129,000. Finally, Ausdal Financial Partners Inc. increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 32.7% in the second quarter. Ausdal Financial Partners Inc. now owns 54,257 shares of the company’s stock worth $1,589,000 after purchasing an additional 13,374 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.0%

ANGL opened at $29.12 on Friday. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 59.37 and a beta of 0.43. The firm has a 50-day moving average price of $29.10 and a 200-day moving average price of $29.27. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $28.35 and a twelve month high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.1535 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Monday, June 1st.

VanEck Fallen Angel High Yield Bond ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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