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

Etesian Wealth Advisors Inc. trimmed its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,536 shares of the company’s stock after selling 2,779 shares during the quarter. Etesian Wealth Advisors Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $633,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ANGL. Triad Wealth Partners LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at $25,000. EverSource Wealth Advisors LLC grew 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 valued at $26,000 after acquiring an additional 522 shares during the period. Gleason Group Inc. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the second quarter worth about $55,000. SageView Advisory Group LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at about $92,000. Finally, Cultivar Capital Inc. purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth about $121,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL traded up $0.07 during mid-day trading on Friday, hitting $29.22. The company’s stock had a trading volume of 364,665 shares, compared to its average volume of 1,030,678. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.28 and a 52-week high of $29.47. The stock’s fifty day simple moving average is $29.16 and its two-hundred day simple moving average is $28.75. The firm has a market capitalization of $3.14 billion, a P/E 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 dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1501 per share. The ex-dividend date of this dividend was Tuesday, September 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.