Capstone Triton Financial Group LLC Sells 5,886 Shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Capstone Triton Financial Group LLC reduced its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,858 shares of the company’s stock after selling 5,886 shares during the period. VanEck Fallen Angel High Yield Bond ETF comprises 1.5% of Capstone Triton Financial Group LLC’s investment portfolio, making the stock its 21st largest holding. Capstone Triton Financial Group LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $2,090,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State of Tennessee Treasury Department raised its position in VanEck Fallen Angel High Yield Bond ETF by 61.9% during the 4th quarter. State of Tennessee Treasury Department now owns 3,933,600 shares of the company’s stock worth $113,209,000 after purchasing an additional 1,504,000 shares during the last quarter. LPL Financial LLC raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 4.4% during the second quarter. LPL Financial LLC now owns 3,525,907 shares of the company’s stock worth $99,783,000 after acquiring an additional 148,241 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 3.9% in the second quarter. Capital Investment Advisors LLC now owns 3,000,290 shares of the company’s stock worth $84,908,000 after acquiring an additional 113,818 shares during the period. Envestnet Asset Management Inc. boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 10.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,167,274 shares of the company’s stock valued at $62,374,000 after acquiring an additional 211,090 shares during the last quarter. Finally, Morningstar Investment Services LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 98.6% during the 4th quarter. Morningstar Investment Services LLC now owns 1,732,443 shares of the company’s stock valued at $49,964,000 after purchasing an additional 860,132 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

Shares of NASDAQ ANGL opened at $29.38 on Friday. The company’s 50 day moving average price is $28.94 and its 200-day moving average price is $28.70. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.28 and a 52-week high of $29.47. The company has a market capitalization of $3.07 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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

VanEck Fallen Angel High Yield Bond ETF 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.