Sunburst Financial Group LLC Has $364,000 Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Sunburst Financial Group LLC lessened its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,701 shares of the company’s stock after selling 1,598 shares during the quarter. Sunburst Financial Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $364,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF by 7.0% in the third quarter. LPL Financial LLC now owns 3,772,806 shares of the company’s stock worth $110,958,000 after purchasing an additional 246,899 shares during the period. Capital Investment Advisors LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 2,925,316 shares of the company’s stock worth $83,869,000 after acquiring an additional 116,162 shares during the period. Cerity Partners LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.6% during the 3rd quarter. Cerity Partners LLC now owns 2,802,413 shares of the company’s stock valued at $82,419,000 after acquiring an additional 70,163 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in 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 acquiring an additional 38,164 shares during the period. Finally, Integrated Wealth Concepts LLC raised its position in VanEck Fallen Angel High Yield Bond ETF by 54.4% in the third quarter. Integrated Wealth Concepts LLC now owns 802,677 shares of the company’s stock worth $23,607,000 after purchasing an additional 282,668 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.5 %

Shares of ANGL opened at $28.92 on Friday. The company has a 50-day moving average price of $28.88 and a two-hundred day moving average price of $28.99. The stock has a market cap of $2.99 billion, a price-to-earnings 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 Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1563 per share. The ex-dividend date was Monday, February 3rd.

About VanEck Fallen Angel High Yield Bond ETF

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.