VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC lessened its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLGet Rating) by 4.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,457 shares of the company’s stock after selling 1,747 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $1,011,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANGL. Moors & Cabot Inc. purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 1st quarter worth about $1,378,000. Echo Wealth Management LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 115.9% during the 1st quarter. Echo Wealth Management LLC now owns 55,178 shares of the company’s stock worth $1,618,000 after buying an additional 29,617 shares during the last quarter. Sunburst Financial Group LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 17.1% during the 1st quarter. Sunburst Financial Group LLC now owns 25,925 shares of the company’s stock worth $788,000 after buying an additional 3,780 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 87.4% in the first quarter. Private Advisor Group LLC now owns 58,329 shares of the company’s stock worth $1,773,000 after purchasing an additional 27,198 shares in the last quarter. Finally, Pensionmark Financial Group LLC grew its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 13.0% in the first quarter. Pensionmark Financial Group LLC now owns 11,835 shares of the company’s stock worth $360,000 after purchasing an additional 1,363 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ:ANGL opened at $27.24 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $25.75 and a 1 year high of $33.16. The business has a fifty day moving average of $26.61 and a 200-day moving average of $27.43.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 7th. Stockholders of record on Wednesday, November 2nd were paid a $0.114 dividend. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Tuesday, November 1st. This represents a $1.37 annualized dividend and a dividend yield of 5.02%.

Further Reading

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Institutional Ownership by Quarter for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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