BCS Wealth Management Has $622,000 Holdings in VanEck Fallen Angel High Yield Bond ETF $ANGL

BCS Wealth Management lowered its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 12.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,241 shares of the company’s stock after selling 2,896 shares during the quarter. BCS Wealth Management’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $622,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ANGL. Axis Wealth Partners LLC boosted its position in shares of VanEck Fallen Angel High Yield Bond ETF by 29.4% during the 2nd quarter. Axis Wealth Partners LLC now owns 36,640 shares of the company’s stock valued at $1,073,000 after purchasing an additional 8,328 shares in the last quarter. ACT Advisors LLC. acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at approximately $7,543,000. Iams Wealth Management LLC boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF by 31.4% during the 2nd quarter. Iams Wealth Management LLC now owns 58,007 shares of the company’s stock worth $1,698,000 after buying an additional 13,845 shares in the last quarter. Silver Oak Securities Incorporated grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 0.9% during the 2nd quarter. Silver Oak Securities Incorporated now owns 38,911 shares of the company’s stock worth $1,139,000 after buying an additional 354 shares during the period. Finally, Cypress Financial Planning LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF by 6.5% during the 2nd quarter. Cypress Financial Planning LLC now owns 411,103 shares of the company’s stock worth $12,037,000 after buying an additional 25,015 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.2%

NASDAQ:ANGL opened at $29.67 on Thursday. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.92 and a twelve month high of $29.75. The company has a fifty day moving average of $29.31 and a 200-day moving average of $28.84. The firm has a market capitalization of $3.02 billion, a P/E ratio of 59.37 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.1497 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 6.1%.

About VanEck Fallen Angel High Yield Bond ETF

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.