HF Advisory Group LLC Has $245,000 Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

HF Advisory Group LLC lowered its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 15.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 quarter.

Other institutional investors have also modified their holdings of the company. Mosaic Family Wealth Partners LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.1% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 139,968 shares of the company’s stock valued at $4,062,000 after purchasing an additional 1,475 shares during the period. CreativeOne Wealth LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the first quarter worth about $225,000. Bank of Montreal Can raised its position in 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 buying an additional 448,415 shares during the last quarter. Heritage Oak Wealth Advisors LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at approximately $274,000. Finally, Peak Financial Advisors LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $5,888,000.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.2 %

Shares of ANGL opened at $28.91 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47. The stock has a market capitalization of $3.04 billion, a P/E ratio of 0.48 and a beta of 0.52. The company has a 50 day moving average of $29.13 and a 200-day moving average of $28.79.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1568 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 6.51%. The ex-dividend date of this dividend was Friday, November 1st.

VanEck Fallen Angel High Yield Bond ETF Company 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.