WCG Wealth Advisors LLC Purchases 264,076 Shares of VanEck Fallen Angel High Yield Bond ETF $ANGL

WCG Wealth Advisors LLC increased its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 813.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 296,532 shares of the company’s stock after acquiring an additional 264,076 shares during the quarter. WCG Wealth Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $8,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of ANGL. Jane Street Group LLC grew its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 12.3% in the first quarter. Jane Street Group LLC now owns 326,655 shares of the company’s stock worth $9,427,000 after acquiring an additional 35,746 shares during the period. Creative Planning purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $269,000. Qube Research & Technologies Ltd lifted its position in VanEck Fallen Angel High Yield Bond ETF by 32.9% during the second quarter. Qube Research & Technologies Ltd now owns 25,745 shares of the company’s stock valued at $754,000 after purchasing an additional 6,377 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $129,000. Finally, Ausdal Financial Partners Inc. lifted its position in VanEck Fallen Angel High Yield Bond ETF by 32.7% during the second quarter. Ausdal Financial Partners Inc. now owns 54,257 shares of the company’s stock valued at $1,589,000 after purchasing an additional 13,374 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

NASDAQ ANGL opened at $29.03 on Thursday. The company has a market capitalization of $3.05 billion, a PE ratio of 59.37 and a beta of 0.43. The business’s fifty day moving average is $29.04 and its 200 day moving average is $29.28. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $28.35 and a fifty-two week high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, June 1st will be given a dividend of $0.1535 per share. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a yield of 6.3%.

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.