VanEck Fallen Angel High Yield Bond ETF $ANGL Shares Sold by BCS Wealth Management

BCS Wealth Management reduced its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 50.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,581 shares of the company’s stock after selling 20,579 shares during the quarter. BCS Wealth Management’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $591,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ANGL. Southern Farm Bureau Life Insurance boosted its holdings in VanEck Fallen Angel High Yield Bond ETF by 110.1% in the 4th quarter. Southern Farm Bureau Life Insurance now owns 2,587,512 shares of the company’s stock worth $76,045,000 after acquiring an additional 1,356,065 shares during the period. Bank of America Corp DE raised its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 6.2% during the third quarter. Bank of America Corp DE now owns 20,594,595 shares of the company’s stock valued at $612,277,000 after purchasing an additional 1,193,879 shares during the period. Storen Legacy Partners LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at approximately $16,729,000. Integrated Wealth Concepts LLC lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 91.3% during the third quarter. Integrated Wealth Concepts LLC now owns 738,558 shares of the company’s stock worth $21,957,000 after purchasing an additional 352,445 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 21.6% during the fourth quarter. Wells Fargo & Company MN now owns 1,960,664 shares of the company’s stock worth $57,575,000 after purchasing an additional 348,040 shares in the last quarter.

VanEck Fallen Angel High Yield Bond ETF Trading Up 0.1%

Shares of ANGL stock opened at $29.19 on Thursday. The firm has a fifty day simple moving average of $29.12 and a 200-day simple moving average of $29.25. The company has a market capitalization of $3.06 billion, a PE ratio of 59.37 and a beta of 0.43. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $28.35 and a twelve month high of $29.77.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.1535 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend 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.