Nomura Asset Management Co. Ltd. Has $538,000 Stock Holdings in VanEck Fallen Angel High Yield Bond ETF $ANGL

Nomura Asset Management Co. Ltd. cut its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLFree Report) by 91.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,318 shares of the company’s stock after selling 200,850 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $538,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Paller Financial Services Inc acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $1,272,000. Optivise Advisory Services LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 80.3% in the 4th quarter. Optivise Advisory Services LLC now owns 50,753 shares of the company’s stock valued at $1,490,000 after purchasing an additional 22,610 shares during the period. Emissary Wealth LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $6,795,000. Triad Wealth Partners LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter valued at $1,347,000. Finally, Atlantic Edge Private Wealth Management LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 10.0% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 216,900 shares of the company’s stock valued at $6,369,000 after purchasing an additional 19,734 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.5%

NASDAQ ANGL opened at $28.94 on Friday. The company has a fifty day simple moving average of $29.05 and a 200 day simple moving average of $29.28. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $28.35 and a 12-month high of $29.77. The company has a market cap of $3.04 billion, a P/E ratio of 59.37 and a beta of 0.43.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.1535 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 6.4%.

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.

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

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