Blue Trust Inc. Cuts Stock Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Blue Trust Inc. lessened its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,766 shares of the company’s stock after selling 681 shares during the quarter. Blue Trust Inc.’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $2,229,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mosaic Family Wealth Partners LLC boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 1.1% in the first quarter. Mosaic Family Wealth Partners LLC now owns 139,968 shares of the company’s stock worth $4,062,000 after acquiring an additional 1,475 shares in the last quarter. CreativeOne Wealth LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 1st quarter valued at approximately $225,000. Cornerstone Wealth Group LLC acquired a new stake in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth approximately $2,175,000. Bank of Montreal Can grew its position in VanEck Fallen Angel High Yield Bond ETF by 482.2% during the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock worth $15,463,000 after purchasing an additional 448,415 shares during the last quarter. Finally, Hobart Private Capital LLC increased its stake in VanEck Fallen Angel High Yield Bond ETF by 45.8% during the 1st quarter. Hobart Private Capital LLC now owns 36,508 shares of the company’s stock valued at $1,059,000 after purchasing an additional 11,468 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.2 %

NASDAQ ANGL opened at $29.22 on Friday. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.28 and a 12-month high of $29.47. The company has a fifty day simple moving average of $29.16 and a two-hundred day simple moving average of $28.75. The stock has a market cap of $3.14 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given 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 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.