VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC trimmed its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,360 shares of the company’s stock after selling 809 shares during the period. Main Street Financial Solutions LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $275,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SageView Advisory Group LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth approximately $92,000. Rockport Wealth LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the first quarter valued at $224,000. Ameritas Investment Partners Inc. raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 8.2% during the first quarter. Ameritas Investment Partners Inc. now owns 29,722 shares of the company’s stock worth $863,000 after purchasing an additional 2,263 shares during the period. CreativeOne Wealth LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the first quarter worth $225,000. Finally, Blue Edge Capital LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 1.3% in the 1st quarter. Blue Edge Capital LLC now owns 142,510 shares of the company’s stock valued at $4,136,000 after buying an additional 1,846 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2 %

ANGL opened at $28.93 on Friday. The company’s 50-day moving average price is $29.13 and its 200 day moving average price is $28.82. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.98 and a fifty-two week high of $29.47. The firm has a market cap of $3.04 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 business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.1568 dividend. This represents a $1.88 annualized dividend and a dividend yield of 6.50%. 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.