Capstone Triton Financial Group LLC Lowers Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Capstone Triton Financial Group LLC lessened its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 1.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,628 shares of the company’s stock after selling 1,230 shares during the quarter. VanEck Fallen Angel High Yield Bond ETF accounts for about 1.4% of Capstone Triton Financial Group LLC’s holdings, making the stock its 20th biggest position. Capstone Triton Financial Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $2,136,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Triad Wealth Partners LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth approximately $25,000. EverSource Wealth Advisors LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 138.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock worth $26,000 after purchasing an additional 522 shares in the last quarter. Fortitude Family Office LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth approximately $45,000. Gleason Group Inc. acquired a new stake in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth approximately $55,000. Finally, SageView Advisory Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth approximately $92,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ ANGL remained flat at $29.05 on Wednesday. The company’s stock had a trading volume of 73,705 shares, compared to its average volume of 1,022,577. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.60 and a 52-week high of $29.47. The firm’s 50-day moving average is $29.17 and its 200-day moving average is $28.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1501 per share. The ex-dividend date of this dividend was Tuesday, September 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.