VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC cut its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 47.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,123 shares of the company’s stock after selling 18,943 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $621,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ANGL. Founders Financial Securities LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 14.3% in the 1st quarter. Founders Financial Securities LLC now owns 22,359 shares of the company’s stock worth $649,000 after buying an additional 2,797 shares during the last quarter. Breakwater Capital Group lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 36.2% in the 1st quarter. Breakwater Capital Group now owns 22,638 shares of the company’s stock worth $657,000 after purchasing an additional 6,014 shares in the last quarter. Fifth Third Securities Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 19.7% in the 1st quarter. Fifth Third Securities Inc. now owns 55,205 shares of the company’s stock worth $1,602,000 after purchasing an additional 9,096 shares in the last quarter. Silvia Mccoll Wealth Management LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 0.8% in the 1st quarter. Silvia Mccoll Wealth Management LLC now owns 95,941 shares of the company’s stock worth $2,747,000 after purchasing an additional 735 shares in the last quarter. Finally, Panoramic Investment Advisors LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 57.1% in the 1st quarter. Panoramic Investment Advisors LLC now owns 11,329 shares of the company’s stock worth $329,000 after purchasing an additional 4,118 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL opened at $29.00 on Friday. The company’s 50 day simple moving average is $29.17 and its two-hundred day simple moving average is $28.76. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.42 and a 1-year high of $29.47. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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

About VanEck Fallen Angel High Yield Bond ETF

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.