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

Western Wealth Management LLC lessened its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,402 shares of the company’s stock after selling 480 shares during the period. Western Wealth Management LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $271,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. VitalStone Financial LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter valued at about $26,000. Concourse Financial Group Securities Inc. lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 408.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,016 shares of the company’s stock valued at $27,000 after purchasing an additional 816 shares during the period. ORG Partners LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at about $33,000. Legacy Financial Group LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter valued at about $102,000. Finally, Simplex Trading LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the third quarter valued at about $129,000.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.4 %

Shares of NASDAQ ANGL opened at $28.31 on Tuesday. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $29.21. The firm has a 50-day moving average price of $28.71 and a 200 day moving average price of $28.30. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 0.47 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.152 dividend. This represents a $1.82 annualized dividend and a dividend yield of 6.44%. The ex-dividend date was Monday, April 1st.

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.