Etesian Wealth Advisors Inc. Trims Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Etesian Wealth Advisors Inc. lowered its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 6.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 20,093 shares of the company’s stock after selling 1,443 shares during the period. Etesian Wealth Advisors Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $576,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ANGL. Assetmark Inc. increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% in the 3rd quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock valued at $40,000 after purchasing an additional 1,001 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at $45,000. Lowe Wealth Advisors LLC grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 252.0% during the fourth quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock worth $72,000 after buying an additional 1,804 shares during the last quarter. Synergy Asset Management LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at approximately $108,000. Finally, Elm3 Financial Group LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth $207,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.3 %

NASDAQ ANGL opened at $29.02 on Thursday. The business’s 50 day moving average is $28.91 and its two-hundred day moving average is $28.99. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.98 and a 12-month high of $29.47. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.1563 per share. The ex-dividend date of this dividend is 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.