Landmark Wealth Management Inc. Sells 12,934 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Landmark Wealth Management Inc. decreased its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,321 shares of the company’s stock after selling 12,934 shares during the period. VanEck Fallen Angel High Yield Bond ETF makes up approximately 2.0% of Landmark Wealth Management Inc.’s holdings, making the stock its 16th biggest position. Landmark Wealth Management Inc. owned 0.14% of VanEck Fallen Angel High Yield Bond ETF worth $4,195,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Truist Financial Corp lifted its stake in 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 acquiring an additional 347 shares during the period. TAP Consulting LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 10.9% during the 3rd quarter. TAP Consulting LLC now owns 48,327 shares of the company’s stock valued at $1,421,000 after acquiring an additional 4,748 shares during the period. Peak Financial Advisors LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $5,888,000. Octavia Wealth Advisors LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 13.4% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 296,415 shares of the company’s stock valued at $8,718,000 after acquiring an additional 34,962 shares during the period. Finally, Carnegie Investment Counsel bought a new position in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $588,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $28.99 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.98 and a 52-week 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. The company’s 50-day simple moving average is $28.90 and its two-hundred day simple moving average is $28.99.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1563 per share. The ex-dividend date was Monday, February 3rd.

About VanEck Fallen Angel High Yield Bond ETF

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.