IVC Wealth Advisors LLC Sells 1,008 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

IVC Wealth Advisors LLC trimmed its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 10.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,892 shares of the company’s stock after selling 1,008 shares during the period. IVC Wealth Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $262,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Millennium Management LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth approximately $21,998,000. Strategic Financial Concepts LLC grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 2,993.0% in the second quarter. Strategic Financial Concepts LLC now owns 557,519 shares of the company’s stock worth $15,778,000 after purchasing an additional 539,494 shares during the last quarter. Jane Street Group LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at $14,510,000. Bank of Montreal Can boosted its position in VanEck Fallen Angel High Yield Bond ETF by 482.2% during 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 during the period. Finally, Cetera Investment Advisers grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 208.3% in the 1st quarter. Cetera Investment Advisers now owns 516,743 shares of the company’s stock worth $14,996,000 after acquiring an additional 349,129 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.1 %

ANGL stock opened at $29.00 on Monday. The firm’s 50-day moving average price is $29.17 and its two-hundred day moving average price is $28.76. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.42 and a 12-month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1501 per share. The ex-dividend date was Tuesday, September 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.