Blue Trust Inc. Trims Stake in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Blue Trust Inc. lessened its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,766 shares of the company’s stock after selling 681 shares during the quarter. Blue Trust Inc. owned 0.07% of VanEck Fallen Angel High Yield Bond ETF worth $2,229,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Triad Wealth Partners LLC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the 2nd quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 138.8% during the second quarter. EverSource Wealth Advisors LLC now owns 898 shares of the company’s stock valued at $26,000 after purchasing an additional 522 shares during the period. Gleason Group Inc. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the second quarter worth about $55,000. SageView Advisory Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth about $92,000. Finally, Cultivar Capital Inc. bought a new stake in VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter valued at about $121,000.

VanEck Fallen Angel High Yield Bond ETF Price Performance

Shares of ANGL stock opened at $29.22 on Friday. The company has a market capitalization of $3.14 billion, a P/E ratio of 0.48 and a beta of 0.52. The company’s 50-day simple moving average is $29.16 and its two-hundred day simple moving average is $28.75. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.28 and a one year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1501 dividend. The ex-dividend date 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.