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

Avior Wealth Management LLC trimmed its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 68,800 shares of the company’s stock after selling 6,033 shares during the quarter. Avior Wealth Management LLC owned 0.07% of VanEck Fallen Angel High Yield Bond ETF worth $1,972,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock worth $40,487,000 after buying an additional 38,164 shares during the last quarter. Bank of Montreal Can boosted its position in VanEck Fallen Angel High Yield Bond ETF by 482.2% in the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock worth $15,463,000 after purchasing an additional 448,415 shares in the last quarter. Heritage Oak Wealth Advisors LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth approximately $274,000. Peak Financial Advisors LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at approximately $5,888,000. Finally, Foundations Investment Advisors LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 18.4% during the 3rd quarter. Foundations Investment Advisors LLC now owns 13,594 shares of the company’s stock valued at $400,000 after purchasing an additional 2,117 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ ANGL opened at $28.98 on Friday. The company has a market capitalization of $2.99 billion, a PE ratio of 0.48 and a beta of 0.52. The company’s fifty day moving average price is $28.91 and its 200 day moving average price is $28.96. 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 Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 27th were paid a dividend of $0.1564 per share. This is a positive change from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Friday, December 27th.

VanEck Fallen Angel High Yield Bond ETF 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.