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

Darwin Wealth Management LLC reduced its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 16.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 234,079 shares of the company’s stock after selling 46,637 shares during the period. VanEck Fallen Angel High Yield Bond ETF accounts for about 1.9% of Darwin Wealth Management LLC’s holdings, making the stock its 12th biggest holding. Darwin Wealth Management LLC owned 0.22% of VanEck Fallen Angel High Yield Bond ETF worth $6,884,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Millennium Management LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at about $21,998,000. Strategic Financial Concepts LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF by 2,993.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 557,519 shares of the company’s stock worth $15,778,000 after acquiring an additional 539,494 shares during the period. Jane Street Group LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at approximately $14,510,000. Bank of Montreal Can increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 482.2% in the second quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock valued at $15,463,000 after purchasing an additional 448,415 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 208.3% during the first quarter. Cetera Investment Advisers now owns 516,743 shares of the company’s stock worth $14,996,000 after purchasing an additional 349,129 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ:ANGL opened at $29.00 on Wednesday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The firm’s fifty day moving average price is $29.12 and its 200 day moving average price is $28.84. 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. Stockholders of record on Friday, November 1st were paid a dividend of $0.1568 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.49%.

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.