Mercer Global Advisors Inc. ADV Sells 5,729 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Mercer Global Advisors Inc. ADV reduced its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 343,991 shares of the company’s stock after selling 5,729 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.33% of VanEck Fallen Angel High Yield Bond ETF worth $9,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of ANGL. Hill Island Financial LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 11.1% during the 2nd quarter. Hill Island Financial LLC now owns 12,191 shares of the company’s stock valued at $345,000 after acquiring an additional 1,220 shares during the period. One Capital Management LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.6% in the second quarter. One Capital Management LLC now owns 577,027 shares of the company’s stock worth $16,330,000 after purchasing an additional 9,026 shares during the last quarter. Perissos Private Wealth Management LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 29.8% in the second quarter. Perissos Private Wealth Management LLC now owns 64,296 shares of the company’s stock worth $1,820,000 after purchasing an additional 14,761 shares during the last quarter. Clear Investment Research LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 3.8% in the 2nd quarter. Clear Investment Research LLC now owns 134,617 shares of the company’s stock worth $3,810,000 after purchasing an additional 4,942 shares during the period. Finally, Prosperity Consulting Group LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 6.1% during the 2nd quarter. Prosperity Consulting Group LLC now owns 95,504 shares of the company’s stock valued at $2,703,000 after buying an additional 5,518 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL stock opened at $29.41 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.28 and a 1 year high of $29.47. The company has a market cap of $3.07 billion, a P/E ratio of 0.48 and a beta of 0.52. The stock’s fifty day moving average price is $28.93 and its 200-day moving average price is $28.70.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.1501 dividend. The ex-dividend date was Tuesday, September 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.