Aspire Wealth Management Corp Has $149,000 Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

Aspire Wealth Management Corp decreased its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 43.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,074 shares of the company’s stock after selling 3,977 shares during the period. Aspire Wealth Management Corp’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $149,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Millennium Management LLC acquired a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the second quarter worth about $21,998,000. Strategic Financial Concepts LLC lifted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 2,993.0% during the second quarter. Strategic Financial Concepts LLC now owns 557,519 shares of the company’s stock worth $15,778,000 after buying an additional 539,494 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of VanEck Fallen Angel High Yield Bond ETF in the first quarter valued at approximately $14,510,000. Bank of Montreal Can grew its stake in VanEck Fallen Angel High Yield Bond ETF by 482.2% during the second quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock worth $15,463,000 after buying an additional 448,415 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 208.3% in the 1st quarter. Cetera Investment Advisers now owns 516,743 shares of the company’s stock valued at $14,996,000 after purchasing an additional 349,129 shares during the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Up 0.1 %

VanEck Fallen Angel High Yield Bond ETF stock traded up $0.04 during trading hours on Friday, hitting $29.12. The stock had a trading volume of 30,278 shares, compared to its average volume of 1,016,703. VanEck Fallen Angel High Yield Bond ETF has a one year low of $26.98 and a one year high of $29.47. The business’s 50 day simple moving average is $29.13 and its 200-day simple moving average is $28.79. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1568 dividend. This represents a $1.88 annualized dividend and a yield of 6.46%. The ex-dividend date of this dividend was Friday, November 1st.

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.