VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by Etesian Wealth Advisors Inc.

Etesian Wealth Advisors Inc. lowered its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,536 shares of the company’s stock after selling 2,779 shares during the period. Etesian Wealth Advisors Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $633,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ANGL. Mosaic Family Wealth Partners LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 1.1% during 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 acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the first quarter valued at $225,000. Cornerstone Wealth Group LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth about $2,175,000. Bank of Montreal Can lifted 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 purchasing an additional 448,415 shares during the last quarter. Finally, Cooper Financial Group boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 12.1% during the 1st quarter. Cooper Financial Group now owns 78,873 shares of the company’s stock valued at $2,289,000 after purchasing an additional 8,540 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL traded up $0.07 during trading hours on Friday, hitting $29.22. The stock had a trading volume of 364,665 shares, compared to its average volume of 1,030,678. The stock’s fifty day simple moving average is $29.16 and its 200 day simple moving average is $28.75. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.28 and a 1-year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.1501 dividend. The ex-dividend date was Tuesday, September 3rd.

About VanEck Fallen Angel High Yield Bond ETF

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.