VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by Colton Groome Financial Advisors LLC

Colton Groome Financial Advisors LLC reduced its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 33.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,744 shares of the company’s stock after selling 15,513 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $885,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. US Bancorp DE grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 66.1% in the 2nd quarter. US Bancorp DE now owns 915 shares of the company’s stock valued at $25,000 after buying an additional 364 shares in the last quarter. VitalStone Financial LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at $26,000. Concourse Financial Group Securities Inc. grew 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 valued at $27,000 after buying 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 valued at $33,000. Finally, Householder Group Estate & Retirement Specialist LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter valued at $41,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1 %

NASDAQ:ANGL traded up $0.03 during trading hours on Thursday, hitting $28.17. The company had a trading volume of 1,931,583 shares, compared to its average volume of 1,226,317. The company has a 50-day moving average of $28.75 and a 200 day moving average of $28.25. The company has a market cap of $3.07 billion, a P/E ratio of 59.99 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.28 and a 1 year high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Announces Dividend

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

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.