Janney Montgomery Scott LLC Sells 10,335 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Janney Montgomery Scott LLC cut its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,808 shares of the company’s stock after selling 10,335 shares during the quarter. Janney Montgomery Scott LLC owned 0.10% of VanEck Fallen Angel High Yield Bond ETF worth $3,062,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ANGL. Assetmark Inc. raised its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 281.2% during the third quarter. Assetmark Inc. now owns 1,357 shares of the company’s stock worth $40,000 after acquiring an additional 1,001 shares during the period. Fortitude Family Office LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF during the third quarter worth $45,000. Lowe Wealth Advisors LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 252.0% in the 4th quarter. Lowe Wealth Advisors LLC now owns 2,520 shares of the company’s stock valued at $72,000 after purchasing an additional 1,804 shares during the last quarter. Great Valley Advisor Group Inc. increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 8,826 shares of the company’s stock worth $260,000 after acquiring an additional 540 shares during the last quarter. Finally, HBW Advisory Services LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 5.3% in the fourth quarter. HBW Advisory Services LLC now owns 9,594 shares of the company’s stock valued at $275,000 after purchasing an additional 485 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.1 %

Shares of NASDAQ:ANGL opened at $29.04 on Friday. The business has a 50 day moving average of $28.92 and a 200-day moving average of $28.98. The stock has a market cap of $3.01 billion, a PE ratio of 0.48 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were paid a $0.1564 dividend. The ex-dividend date of this dividend was Friday, December 27th. This is an increase from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

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.