Lokken Investment Group LLC Sells 16,711 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Lokken Investment Group LLC trimmed its stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 66.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,332 shares of the company’s stock after selling 16,711 shares during the period. Lokken Investment Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $239,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock valued at $40,487,000 after buying an additional 38,164 shares during the period. Citigroup Inc. lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 34.8% in the third quarter. Citigroup Inc. now owns 177,132 shares of the company’s stock valued at $5,209,000 after buying an additional 45,694 shares during the period. Hilltop Holdings Inc. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $737,000. Integrated Wealth Concepts LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 54.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock worth $23,607,000 after buying an additional 282,668 shares during the period. Finally, IHT Wealth Management LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.4% during the 3rd quarter. IHT Wealth Management LLC now owns 77,809 shares of the company’s stock valued at $2,288,000 after acquiring an additional 4,706 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1 %

ANGL opened at $28.86 on Tuesday. The company has a market cap of $2.99 billion, a P/E ratio of 60.45 and a beta of 0.52. The company has a fifty day moving average price of $28.95 and a two-hundred day moving average price of $28.99. VanEck Fallen Angel High Yield Bond ETF has a 1-year low of $26.98 and a 1-year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1361 per share. 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.