Cwm LLC Sells 968 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Cwm LLC cut its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 17.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,692 shares of the company’s stock after selling 968 shares during the period. Cwm LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $138,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Occidental Asset Management LLC grew its stake in VanEck Fallen Angel High Yield Bond ETF by 15.1% in the 1st quarter. Occidental Asset Management LLC now owns 203,595 shares of the company’s stock valued at $5,908,000 after buying an additional 26,734 shares in the last quarter. Baker Ellis Asset Management LLC raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 15.5% in the first quarter. Baker Ellis Asset Management LLC now owns 42,187 shares of the company’s stock worth $1,224,000 after purchasing an additional 5,650 shares in the last quarter. Symphony Financial Ltd. Co. boosted its stake in VanEck Fallen Angel High Yield Bond ETF by 3.1% during the first quarter. Symphony Financial Ltd. Co. now owns 290,497 shares of the company’s stock worth $8,430,000 after acquiring an additional 8,842 shares in the last quarter. Founders Financial Securities LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 14.3% during the 1st quarter. Founders Financial Securities LLC now owns 22,359 shares of the company’s stock valued at $649,000 after buying an additional 2,797 shares in the last quarter. Finally, Cornerstone Wealth Group LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth about $2,175,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2 %

VanEck Fallen Angel High Yield Bond ETF stock opened at $29.02 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.40 and a 12 month high of $29.47. The stock has a fifty day simple moving average of $29.17 and a two-hundred day simple moving average of $28.76. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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