NorthRock Partners LLC Decreases Stock Holdings in VanEck Fallen Angel High Yield Bond ETF $ANGL

NorthRock Partners LLC cut its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 23.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,796 shares of the company’s stock after selling 852 shares during the quarter. NorthRock Partners LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $82,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Biltmore Family Office LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF by 48.9% during the first quarter. Biltmore Family Office LLC now owns 1,394 shares of the company’s stock valued at $40,000 after purchasing an additional 458 shares during the last quarter. Costello Asset Management INC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 1st quarter valued at about $44,000. Assetmark Inc. lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 293.0% in the 1st quarter. Assetmark Inc. now owns 2,480 shares of the company’s stock valued at $72,000 after acquiring an additional 1,849 shares during the last quarter. Bogart Wealth LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 41.0% in the 1st quarter. Bogart Wealth LLC now owns 2,540 shares of the company’s stock valued at $73,000 after acquiring an additional 738 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in VanEck Fallen Angel High Yield Bond ETF by 2,786.1% in the first quarter. GAMMA Investing LLC now owns 3,117 shares of the company’s stock worth $90,000 after acquiring an additional 3,009 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL stock opened at $29.46 on Friday. The company has a market cap of $3.12 billion, a PE ratio of 59.37 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.92 and a 1 year high of $29.75. The stock’s 50 day simple moving average is $29.45 and its two-hundred day simple moving average is $28.91.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a $0.1465 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.