Ashton Thomas Private Wealth LLC Reduces Holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Ashton Thomas Private Wealth LLC decreased its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 4.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 32,109 shares of the company’s stock after selling 1,583 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $932,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ANGL. VitalStone Financial LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 3rd quarter worth about $26,000. ORG Partners LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $33,000. Pineridge Advisors LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $50,000. First Horizon Advisors Inc. lifted its holdings in VanEck Fallen Angel High Yield Bond ETF by 61.0% during the 4th quarter. First Horizon Advisors Inc. now owns 3,612 shares of the company’s stock worth $104,000 after purchasing an additional 1,369 shares in the last quarter. Finally, Tidemark LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF during the 4th quarter worth about $118,000.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.4 %

Shares of ANGL traded up $0.10 during trading hours on Friday, reaching $28.41. 301,366 shares of the company’s stock traded hands, compared to its average volume of 1,173,970. The stock has a market cap of $2.93 billion, a PE ratio of 0.48 and a beta of 0.52. The firm’s 50 day simple moving average is $28.51 and its 200-day simple moving average is $28.69. VanEck Fallen Angel High Yield Bond ETF has a 12 month low of $26.28 and a 12 month high of $29.21.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be given a dividend of $0.1507 per share. The ex-dividend date of this dividend is Monday, July 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.