VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp lessened its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 147,433 shares of the company’s stock after selling 1,597 shares during the quarter. Money Concepts Capital Corp owned about 0.14% of VanEck Fallen Angel High Yield Bond ETF worth $4,227,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANGL. Truist Financial Corp increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.7% during the 2nd quarter. Truist Financial Corp now owns 48,116 shares of the company’s stock valued at $1,362,000 after purchasing an additional 347 shares during the period. Jaffetilchin Investment Partners LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.2% during the third quarter. Jaffetilchin Investment Partners LLC now owns 28,909 shares of the company’s stock worth $850,000 after acquiring an additional 350 shares during the period. McKinley Carter Wealth Services Inc. grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.9% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 22,056 shares of the company’s stock worth $632,000 after acquiring an additional 415 shares during the period. HBW Advisory Services LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 5.3% in the fourth quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock worth $275,000 after acquiring an additional 485 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 5.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 9,684 shares of the company’s stock valued at $278,000 after acquiring an additional 491 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL opened at $28.94 on Wednesday. The firm’s 50 day moving average is $28.91 and its 200-day moving average is $28.99. 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 capitalization of $3.00 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a $0.1563 dividend. The ex-dividend date is Monday, February 3rd.

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.