HF Advisory Group LLC Sells 1,499 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

HF Advisory Group LLC trimmed its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 10.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,008 shares of the company’s stock after selling 1,499 shares during the quarter. HF Advisory Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Wright Fund Management LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at $27,539,000. 1832 Asset Management L.P. bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at approximately $29,769,000. Bank of New York Mellon Corp purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $26,364,000. State of Tennessee Treasury Department raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 38.5% in the 2nd quarter. State of Tennessee Treasury Department now owns 3,269,600 shares of the company’s stock worth $90,797,000 after acquiring an additional 909,584 shares in the last quarter. Finally, Lido Advisors LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at approximately $21,428,000.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.1 %

NASDAQ ANGL opened at $28.17 on Friday. The stock’s 50 day moving average is $28.73 and its 200 day moving average is $28.25. The firm has a market capitalization of $3.07 billion, a PE ratio of 59.99 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.28 and a twelve month high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.152 per share. This represents a $1.82 annualized dividend and a yield of 6.47%. The ex-dividend date of this dividend was Monday, April 1st.

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.