Burns J W & Co. Inc. NY Has $1.40 Million Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Burns J W & Co. Inc. NY cut its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 48,344 shares of the company’s stock after selling 1,245 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,403,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Stifel Financial Corp lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 8.5% in the 3rd quarter. Stifel Financial Corp now owns 325,160 shares of the company’s stock valued at $8,799,000 after acquiring an additional 25,445 shares in the last quarter. Mutual Advisors LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 292.1% during the 3rd quarter. Mutual Advisors LLC now owns 33,225 shares of the company’s stock valued at $899,000 after purchasing an additional 24,751 shares during the last quarter. Morningstar Investment Services LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 0.4% during the 3rd quarter. Morningstar Investment Services LLC now owns 872,311 shares of the company’s stock valued at $23,692,000 after purchasing an additional 3,343 shares during the last quarter. Ancora Advisors LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 6.6% during the 3rd quarter. Ancora Advisors LLC now owns 27,126 shares of the company’s stock valued at $734,000 after purchasing an additional 1,677 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 53.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock valued at $55,796,000 after purchasing an additional 721,999 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

VanEck Fallen Angel High Yield Bond ETF stock traded down $0.10 during mid-day trading on Friday, hitting $28.30. 1,134,611 shares of the company’s stock traded hands, compared to its average volume of 1,184,175. The firm has a 50 day simple moving average of $28.52 and a two-hundred day simple moving average of $28.70. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.21. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 6th. Shareholders of record on Monday, June 3rd were given a dividend of $0.1562 per share. The ex-dividend date of this dividend was Monday, June 3rd.

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.