Colton Groome Financial Advisors LLC Trims Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Colton Groome Financial Advisors LLC decreased its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 26.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,990 shares of the company’s stock after selling 3,609 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,376,646 shares of the company’s stock worth $40,487,000 after purchasing an additional 38,164 shares during the period. Peak Financial Advisors LLC purchased a new stake in VanEck Fallen Angel High Yield Bond ETF in the third quarter worth about $5,888,000. Foundations Investment Advisors LLC boosted its position in VanEck Fallen Angel High Yield Bond ETF by 18.4% during the 3rd quarter. Foundations Investment Advisors LLC now owns 13,594 shares of the company’s stock valued at $400,000 after acquiring an additional 2,117 shares in the last quarter. New Century Financial Group LLC purchased a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the 2nd quarter worth approximately $326,000. Finally, CHB Investment Group LLC bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF in the 3rd quarter worth approximately $8,744,000.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.1 %

NASDAQ ANGL opened at $29.07 on Thursday. The firm has a market capitalization of $3.01 billion, a PE ratio of 0.48 and a beta of 0.52. The stock’s 50 day moving average is $28.92 and its 200 day moving average is $28.98. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 27th were issued a dividend of $0.1564 per share. The ex-dividend date was Friday, December 27th. This is a boost from VanEck Fallen Angel High Yield Bond ETF’s previous dividend of $0.15.

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.