Sigma Planning Corp Sells 23,372 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Sigma Planning Corp lessened its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 60.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,413 shares of the company’s stock after selling 23,372 shares during the period. Sigma Planning Corp’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $444,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ANGL. VitalStone Financial LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at about $26,000. Concourse Financial Group Securities Inc. boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 408.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,016 shares of the company’s stock worth $27,000 after buying an additional 816 shares during the period. ORG Partners LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $33,000. Legacy Financial Group LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth about $102,000. Finally, Simplex Trading LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth about $129,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of ANGL stock opened at $28.24 on Friday. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 0.47 and a beta of 0.52. The company has a 50-day simple moving average of $28.68 and a 200 day simple moving average of $28.31. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $26.28 and a 52 week high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.152 per share. This represents a $1.82 annualized dividend and a dividend yield of 6.46%. The ex-dividend date 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.