NorthRock Partners LLC Sells 852 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

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

Several other large investors have also made changes to their positions in ANGL. Biltmore Family Office LLC grew its position in shares of 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 worth $40,000 after purchasing an additional 458 shares in the last quarter. Costello Asset Management INC bought a new position in VanEck Fallen Angel High Yield Bond ETF in the 1st quarter worth approximately $44,000. Assetmark Inc. grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 293.0% during the 1st quarter. Assetmark Inc. now owns 2,480 shares of the company’s stock valued at $72,000 after buying an additional 1,849 shares in the last quarter. Bogart Wealth LLC grew its holdings in VanEck Fallen Angel High Yield Bond ETF by 41.0% during the 1st quarter. Bogart Wealth LLC now owns 2,540 shares of the company’s stock valued at $73,000 after buying an additional 738 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 2,786.1% during the first quarter. GAMMA Investing LLC now owns 3,117 shares of the company’s stock valued at $90,000 after buying an additional 3,009 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ:ANGL opened at $29.46 on Friday. The firm has a fifty day moving average price of $29.45 and a 200 day moving average price of $28.91. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.92 and a fifty-two week high of $29.75. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 59.37 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.1465 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend 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.