VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,707 shares of the company’s stock after selling 871 shares during the period. Truist Financial Corp’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Tcfg Wealth Management LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 3.5% in the fourth quarter. Tcfg Wealth Management LLC now owns 10,199 shares of the company’s stock valued at $292,000 after acquiring an additional 347 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 3.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 21,331 shares of the company’s stock valued at $612,000 after acquiring an additional 757 shares in the last quarter. Allworth Financial LP boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 2.3% in the fourth quarter. Allworth Financial LP now owns 337,123 shares of the company’s stock valued at $9,753,000 after acquiring an additional 7,658 shares in the last quarter. American Financial Advisors LLC boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 0.3% in the fourth quarter. American Financial Advisors LLC now owns 498,682 shares of the company’s stock valued at $14,297,000 after acquiring an additional 1,501 shares in the last quarter. Finally, Blue Trust Inc. boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 8.8% in the fourth quarter. Blue Trust Inc. now owns 85,671 shares of the company’s stock valued at $2,456,000 after acquiring an additional 6,905 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL opened at $29.07 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47. The company has a market capitalization of $3.01 billion, a PE ratio of 0.48 and a beta of 0.52. The company has a fifty day moving average of $28.87 and a two-hundred day moving average of $29.02.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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