M Holdings Securities Inc. Decreases Stock Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

M Holdings Securities Inc. lessened its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 97.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,018 shares of the company’s stock after selling 170,491 shares during the period. M Holdings Securities Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $144,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the third quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock worth $110,958,000 after purchasing an additional 246,899 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after buying an additional 38,164 shares during the period. Citigroup Inc. lifted its position in VanEck Fallen Angel High Yield Bond ETF by 34.8% during the 3rd quarter. Citigroup Inc. now owns 177,132 shares of the company’s stock worth $5,209,000 after acquiring an additional 45,694 shares in the last quarter. Great Valley Advisor Group Inc. boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 6.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock worth $260,000 after acquiring an additional 540 shares during the period. Finally, Cerity Partners LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 2.6% in the 3rd quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock worth $82,419,000 after acquiring an additional 70,163 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.1 %

ANGL opened at $28.94 on Friday. The firm’s 50 day moving average is $28.93 and its 200-day moving average is $29.00. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.98 and a 52-week high of $29.47. The firm has a market capitalization of $3.00 billion, a P/E ratio of 60.45 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1361 per share. The ex-dividend date was Monday, March 3rd.

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.