Ocean Park Asset Management Sells VanEck Fallen Angel ETF Stake Worth $23.8 Million
Ocean Park Asset Management sold its entire stake in VanEck Fallen Angel High Yield Bond ETF (ANGL) for $23.8 million in Q1 2026. The move reflects a significant shift in the firm's portfolio, with ANGL's AUM dropping by 86% quarter-over-quarter. The ETF has underperformed the S&P 500 by 16.7 percentage points over the past year.
Tickers: $ANGL $ITOT $LPLA $VGIT
Topics: ETF liquidation fund management investment activity Ocean Park Asset Management VanEck Fallen Angel ETF