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

Transamerica Financial Advisors Inc. trimmed its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 166,078 shares of the company’s stock after selling 6,822 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $4,762,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. RiverFront Investment Group LLC lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 8.9% in the 4th quarter. RiverFront Investment Group LLC now owns 730,415 shares of the company’s stock worth $20,941,000 after purchasing an additional 59,762 shares in the last quarter. Level Four Advisory Services LLC increased its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 24.5% in the fourth quarter. Level Four Advisory Services LLC now owns 8,791 shares of the company’s stock worth $252,000 after purchasing an additional 1,730 shares during the period. Howe & Rusling Inc. purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the fourth quarter worth $56,000. Graney & King LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $2,974,000. Finally, Ausdal Financial Partners Inc. grew its position in VanEck Fallen Angel High Yield Bond ETF by 4.5% during the fourth quarter. Ausdal Financial Partners Inc. now owns 37,112 shares of the company’s stock worth $1,064,000 after buying an additional 1,584 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.0 %

Shares of NASDAQ ANGL opened at $28.83 on Friday. The firm has a market capitalization of $2.99 billion, a P/E ratio of 60.45 and a beta of 0.52. The stock’s 50-day simple moving average is $28.95 and its two-hundred day simple moving average is $28.99. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced 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 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.