WCG Wealth Advisors LLC Increases Position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

WCG Wealth Advisors LLC lifted its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 47.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,514 shares of the company’s stock after purchasing an additional 7,850 shares during the period. WCG Wealth Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Triad Wealth Partners LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $25,000. Pineridge Advisors LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $50,000. Gleason Group Inc. purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the second quarter valued at $55,000. SageView Advisory Group LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the first quarter valued at $92,000. Finally, Tidemark LLC purchased a new position in VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $118,000.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $29.41 on Friday. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. The company has a fifty day moving average of $28.93 and a 200 day moving average of $28.70. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.28 and a fifty-two week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

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