Colton Groome Financial Advisors LLC Sells 15,513 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Colton Groome Financial Advisors LLC lowered its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 33.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 30,744 shares of the company’s stock after selling 15,513 shares during the period. Colton Groome Financial Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $885,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. US Bancorp DE increased its position in shares of VanEck Fallen Angel High Yield Bond ETF by 66.1% during the 2nd quarter. US Bancorp DE now owns 915 shares of the company’s stock valued at $25,000 after purchasing an additional 364 shares during the last quarter. VitalStone Financial LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter valued at about $26,000. Concourse Financial Group Securities Inc. increased its holdings in VanEck Fallen Angel High Yield Bond ETF by 408.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,016 shares of the company’s stock worth $27,000 after acquiring an additional 816 shares in the last quarter. ORG Partners LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 4th quarter worth approximately $33,000. Finally, Householder Group Estate & Retirement Specialist LLC bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $41,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1 %

NASDAQ ANGL traded up $0.03 on Thursday, reaching $28.17. 1,931,583 shares of the stock were exchanged, compared to its average volume of 1,226,317. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.28 and a one year high of $29.21. The firm has a market capitalization of $3.07 billion, a PE ratio of 59.99 and a beta of 0.52. The company’s 50-day simple moving average is $28.75 and its two-hundred day simple moving average is $28.25.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.152 per share. This represents a $1.82 dividend on an annualized basis and a yield of 6.47%. The ex-dividend date was Monday, April 1st.

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.