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

Avior Wealth Management LLC lessened its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.1% during the 4th quarter, HoldingsChannel reports. The firm owned 68,800 shares of the company’s stock after selling 6,033 shares during the period. Avior Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,972,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Millennium Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at approximately $21,998,000. Bank of Montreal Can grew its holdings 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 valued at $15,463,000 after buying an additional 448,415 shares in the last quarter. CHB Investment Group LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth $8,744,000. Integrated Wealth Concepts LLC raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 54.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock worth $23,607,000 after acquiring an additional 282,668 shares during the period. Finally, LPL Financial LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock valued at $110,958,000 after acquiring an additional 246,899 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2 %

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.98 on Friday. The company has a 50-day moving average price of $28.91 and a 200 day moving average price of $28.96. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47. The stock has a market cap of $2.99 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

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

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.