Colton Groome Financial Advisors LLC Sells 10,167 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Colton Groome Financial Advisors LLC decreased its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 33.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 20,577 shares of the company’s stock after selling 10,167 shares during the period. Colton Groome Financial Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $597,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in ANGL. State of Tennessee Treasury Department grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 61.9% in the fourth quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock worth $113,209,000 after purchasing an additional 1,504,000 shares during the last quarter. Morningstar Investment Services LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 98.6% in the fourth quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock valued at $49,964,000 after acquiring an additional 860,132 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 53.9% in the third quarter. Ameriprise Financial Inc. now owns 2,060,940 shares of the company’s stock valued at $55,796,000 after acquiring an additional 721,999 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 562.1% in the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 661,041 shares of the company’s stock valued at $19,025,000 after acquiring an additional 561,195 shares in the last quarter. Finally, ACT Advisors LLC. bought a new stake in VanEck Fallen Angel High Yield Bond ETF in the fourth quarter valued at $16,135,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ:ANGL traded down $0.19 during trading hours on Monday, hitting $28.11. The company had a trading volume of 2,025,164 shares, compared to its average volume of 1,190,903. The company has a market capitalization of $2.90 billion, a PE ratio of 0.48 and a beta of 0.52. The stock has a 50-day moving average price of $28.52 and a 200 day moving average price of $28.70. 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 Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be issued a $0.1507 dividend. The ex-dividend date is Monday, July 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.