Allianz Investment Management LLC Buys VanEck Vectors Fallen Angel High Yield Bond ETF

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Investment company Allianz Investment Management LLC (Current Portfolio) buys VanEck Vectors Fallen Angel High Yield Bond ETF during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Allianz Investment Management LLC. As of 2020Q3, Allianz Investment Management LLC owns 9 stocks with a total value of $1.5 billion. These are the details of the buys and sells.
  • New Purchases: ANGL,
  • Reduced Positions: SPIB,

For the details of Allianz Investment Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/allianz+investment+management+llc/current-portfolio/portfolio

These are the top 5 holdings of Allianz Investment Management LLC
  1. ISHARES TRUST (LQD) - 8,671,604 shares, 77.25% of the total portfolio.
  2. Vanguard Long-Term Corporate Bond ETF (VCLT) - 1,253,704 shares, 8.86% of the total portfolio.
  3. VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) - 2,512,500 shares, 4.94% of the total portfolio. New Position
  4. SPDR SERIES TRUST (SPIB) - 1,679,840 shares, 4.08% of the total portfolio. Shares reduced by 2.04%
  5. iShares Intermediate Credit Bond ETF (IGIB) - 977,987 shares, 3.93% of the total portfolio.
New Purchase: VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL)

Allianz Investment Management LLC initiated holding in VanEck Vectors Fallen Angel High Yield Bond ETF. The purchase prices were between $28.25 and $30.48, with an estimated average price of $29.73. The stock is now traded at around $29.77. The impact to a portfolio due to this purchase was 4.94%. The holding were 2,512,500 shares as of .



Here is the complete portfolio of Allianz Investment Management LLC. Also check out:

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3. Allianz Investment Management LLC's High Yield stocks
4. Stocks that Allianz Investment Management LLC keeps buying