Richard W. Paul & Associates LLC Trims Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Richard W. Paul & Associates LLC trimmed its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 90,995 shares of the company’s stock after selling 419 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF comprises 1.0% of Richard W. Paul & Associates LLC’s holdings, making the stock its 21st largest position. Richard W. Paul & Associates LLC owned approximately 0.09% of VanEck Fallen Angel High Yield Bond ETF worth $2,609,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of ANGL. Private Advisor Group LLC raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.8% in the third quarter. Private Advisor Group LLC now owns 19,972 shares of the company’s stock worth $587,000 after purchasing an additional 536 shares during the last quarter. Financial Advocates Investment Management raised its position in VanEck Fallen Angel High Yield Bond ETF by 4.0% during the third quarter. Financial Advocates Investment Management now owns 12,870 shares of the company’s stock valued at $379,000 after acquiring an additional 495 shares in the last quarter. Principal Securities Inc. raised its position in VanEck Fallen Angel High Yield Bond ETF by 2.4% during the third quarter. Principal Securities Inc. now owns 134,409 shares of the company’s stock valued at $3,953,000 after acquiring an additional 3,096 shares in the last quarter. Farther Finance Advisors LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 42.7% during the third quarter. Farther Finance Advisors LLC now owns 107,410 shares of the company’s stock valued at $3,159,000 after acquiring an additional 32,146 shares in the last quarter. Finally, US Financial Advisors LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 3.4% during the third quarter. US Financial Advisors LLC now owns 167,309 shares of the company’s stock valued at $4,921,000 after acquiring an additional 5,443 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2 %

Shares of ANGL stock opened at $29.07 on Friday. The stock has a 50 day moving average of $28.87 and a 200 day moving average of $29.02. The stock has a market cap of $3.01 billion, a P/E 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.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1563 per share. The ex-dividend date was Monday, February 3rd.

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.