HF Advisory Group LLC Sells 1,563 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

HF Advisory Group LLC reduced its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 15.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,338 shares of the company’s stock after selling 1,563 shares during the quarter. HF Advisory Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $245,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Triad Wealth Partners LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth $25,000. EverSource Wealth Advisors LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the second quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after acquiring an additional 522 shares during the period. Fortitude Family Office LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth about $45,000. Gleason Group Inc. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter worth about $55,000. Finally, SageView Advisory Group LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at about $92,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2 %

Shares of ANGL opened at $28.91 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47. The firm’s 50 day moving average is $29.13 and its 200-day moving average is $28.79. 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 Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1568 per share. The ex-dividend date was Friday, November 1st. This represents a $1.88 dividend on an annualized basis and a yield of 6.51%.

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.