VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by David J Yvars Group

David J Yvars Group trimmed its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 32.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,800 shares of the company’s stock after selling 3,708 shares during the period. David J Yvars Group’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $229,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ANGL. Triad Wealth Partners LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 138.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after purchasing an additional 522 shares in the last quarter. Fortitude Family Office LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth approximately $45,000. Gleason Group Inc. purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth approximately $55,000. Finally, SageView Advisory Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth approximately $92,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

ANGL opened at $28.91 on Thursday. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The company’s 50 day simple moving average is $29.13 and its two-hundred day simple moving average is $28.79. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.98 and a 1-year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1568 per share. This represents a $1.88 annualized dividend and a dividend yield of 6.51%. The ex-dividend date was Friday, November 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.