Transamerica Financial Advisors Inc. Sells 6,822 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Transamerica Financial Advisors Inc. lessened its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 166,078 shares of the company’s stock after selling 6,822 shares during the period. Transamerica Financial Advisors Inc. owned 0.16% of VanEck Fallen Angel High Yield Bond ETF worth $4,762,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ANGL. Raymond James Financial Inc. bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth approximately $19,086,000. Strategic Financial Concepts LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 2,872.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 611,573 shares of the company’s stock worth $17,534,000 after purchasing an additional 590,999 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 54.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock worth $23,607,000 after purchasing an additional 282,668 shares in the last quarter. National Bank of Canada FI bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $6,994,000. Finally, Advyzon Investment Management LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth approximately $6,162,000.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.0 %

Shares of ANGL opened at $28.83 on Friday. The stock has a 50 day moving average of $28.95 and a 200 day moving average of $28.99. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 60.45 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.98 and a 12 month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1361 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

VanEck Fallen Angel High Yield Bond ETF 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.