VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 238,398 shares of the company’s stock after selling 6,854 shares during the quarter. Commonwealth Equity Services LLC owned about 0.23% of VanEck Fallen Angel High Yield Bond ETF worth $6,835,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Van ECK Associates Corp raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 38.1% in the 4th quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock worth $41,000 after buying an additional 390 shares in the last quarter. Lowe Wealth Advisors LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 252.0% in the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after acquiring an additional 1,804 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 519.9% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,267 shares of the company’s stock valued at $94,000 after acquiring an additional 2,740 shares during the last quarter. Synergy Asset Management LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter valued at about $108,000. Finally, US Bancorp DE boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 48.0% during the 4th quarter. US Bancorp DE now owns 4,679 shares of the company’s stock valued at $134,000 after purchasing an additional 1,517 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL opened at $28.94 on Friday. The company 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 has a 12 month low of $26.98 and a 12 month high of $29.47. The company’s 50 day simple moving average is $28.93 and its 200 day simple moving average is $29.00.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1361 per share. The ex-dividend date of this dividend 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.