HF Advisory Group LLC Sells 464 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

HF Advisory Group LLC lowered its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,874 shares of the company’s stock after selling 464 shares during the quarter. HF Advisory Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $226,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANGL. AE Wealth Management LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 7.9% in the 2nd quarter. AE Wealth Management LLC now owns 472,877 shares of the company’s stock valued at $13,382,000 after purchasing an additional 34,773 shares during the last quarter. 1832 Asset Management L.P. grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,229,659 shares of the company’s stock valued at $34,799,000 after buying an additional 10,666 shares during the period. EverSource Wealth Advisors LLC raised its stake in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after buying an additional 522 shares during the period. Evergreen Capital Management LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 1.7% in the second quarter. Evergreen Capital Management LLC now owns 994,173 shares of the company’s stock worth $28,135,000 after acquiring an additional 16,388 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 482.2% in the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock valued at $15,463,000 after purchasing an additional 448,415 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.1 %

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.90 on Friday. The stock has a market capitalization of $3.04 billion, a PE ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The company has a 50 day moving average of $28.92 and a 200-day moving average of $28.94.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were paid a $0.1564 dividend. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15. The ex-dividend date was Friday, December 27th.

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.