Darwin Wealth Management LLC Lowers Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Darwin Wealth Management LLC lowered its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 280,716 shares of the company’s stock after selling 17,653 shares during the period. VanEck Fallen Angel High Yield Bond ETF makes up about 3.9% of Darwin Wealth Management LLC’s holdings, making the stock its 7th biggest position. Darwin Wealth Management LLC owned about 0.27% of VanEck Fallen Angel High Yield Bond ETF worth $7,944,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at approximately $6,174,000. Tidemark LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth approximately $118,000. 1832 Asset Management L.P. increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 33.6% during the 4th quarter. 1832 Asset Management L.P. now owns 1,221,400 shares of the company’s stock worth $35,152,000 after acquiring an additional 307,509 shares during the period. Mosaic Family Wealth Partners LLC increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.1% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 139,968 shares of the company’s stock worth $4,062,000 after acquiring an additional 1,475 shares during the period. Finally, Leo Wealth LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth approximately $340,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1 %

VanEck Fallen Angel High Yield Bond ETF stock opened at $29.17 on Friday. The firm’s 50 day simple moving average is $28.85 and its 200 day simple moving average is $28.68. The firm has a market capitalization of $3.04 billion, a PE ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.28 and a 1-year high of $29.27.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1501 per share. The ex-dividend date was Tuesday, September 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.