Goldstone Financial Group LLC Acquires Shares of 14,462 VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Goldstone Financial Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,462 shares of the company’s stock, valued at approximately $425,000.

Several other hedge funds have also recently modified their holdings of the business. Financial Advocates Investment Management raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 4.0% in the third quarter. Financial Advocates Investment Management now owns 12,870 shares of the company’s stock worth $379,000 after purchasing an additional 495 shares during the last quarter. 1620 Investment Advisors Inc. raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 1.2% in the third quarter. 1620 Investment Advisors Inc. now owns 48,370 shares of the company’s stock worth $1,423,000 after purchasing an additional 573 shares during the last quarter. Avitas Wealth Management LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 3.5% during the third quarter. Avitas Wealth Management LLC now owns 275,995 shares of the company’s stock valued at $8,117,000 after acquiring an additional 9,349 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the third quarter valued at $45,000. Finally, Strategic Wealth Investment Group LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 17.2% during the third quarter. Strategic Wealth Investment Group LLC now owns 400,529 shares of the company’s stock valued at $11,723,000 after acquiring an additional 58,670 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock opened at $28.95 on Thursday. The stock has a market cap of $3.10 billion, a PE ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.60 and a one year high of $29.47. The stock has a fifty day moving average of $29.17 and a 200 day moving average of $28.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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

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.