Rockefeller Capital Management L.P. Has $465,000 Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Rockefeller Capital Management L.P. reduced its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,816 shares of the company’s stock after selling 490 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $465,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ANGL. Truist Financial Corp lifted its position in VanEck Fallen Angel High Yield Bond ETF by 0.7% in the 2nd quarter. Truist Financial Corp now owns 48,116 shares of the company’s stock valued at $1,362,000 after acquiring an additional 347 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.2% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 28,909 shares of the company’s stock worth $850,000 after purchasing an additional 350 shares in the last quarter. Delta Investment Management LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 2.6% during the 2nd quarter. Delta Investment Management LLC now owns 19,069 shares of the company’s stock worth $540,000 after acquiring an additional 492 shares during the period. Financial Advocates Investment Management boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 4.0% during the third quarter. Financial Advocates Investment Management now owns 12,870 shares of the company’s stock valued at $379,000 after buying an additional 495 shares during the period. Finally, Retirement Guys Formula LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 0.9% in the third quarter. Retirement Guys Formula LLC now owns 54,649 shares of the company’s stock valued at $1,607,000 after purchasing an additional 510 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $29.24 on Wednesday. The firm has a market cap of $3.08 billion, a P/E ratio of 0.48 and a beta of 0.52. The stock has a 50 day simple moving average of $29.06 and a two-hundred day simple moving average of $28.89. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.1568 per share. This represents a $1.88 annualized dividend and a dividend yield of 6.44%. The ex-dividend date of this dividend was Friday, November 1st.

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.