Goldstone Financial Group LLC Purchases New Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Goldstone Financial Group LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,462 shares of the company’s stock, valued at approximately $425,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Wealth Management LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 11.1% in the 1st quarter. Cornerstone Wealth Management LLC now owns 34,542 shares of the company’s stock worth $1,002,000 after buying an additional 3,439 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the first quarter valued at approximately $202,000. Prosperity Consulting Group LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 513.2% during the first quarter. Prosperity Consulting Group LLC now owns 89,986 shares of the company’s stock valued at $2,611,000 after purchasing an additional 75,310 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 74.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 65,848 shares of the company’s stock valued at $1,911,000 after purchasing an additional 28,124 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 3.4% during the first quarter. Janney Montgomery Scott LLC now owns 119,305 shares of the company’s stock valued at $3,462,000 after purchasing an additional 3,953 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Down 0.3 %

Shares of NASDAQ:ANGL opened at $28.95 on Thursday. The stock has a fifty day simple moving average of $29.17 and a two-hundred day simple moving average of $28.77. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a 12-month low of $26.60 and a 12-month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1501 per share. The ex-dividend date of this dividend 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.