iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Purchased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. increased its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 113.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 174,248 shares of the company’s stock after purchasing an additional 92,803 shares during the period. Atria Wealth Solutions Inc. owned 0.28% of iShares Fallen Angels USD Bond ETF worth $4,600,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mather Group LLC. increased its position in iShares Fallen Angels USD Bond ETF by 5.9% during the third quarter. Mather Group LLC. now owns 6,332,352 shares of the company’s stock worth $157,042,000 after purchasing an additional 352,212 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in iShares Fallen Angels USD Bond ETF by 1.8% during the third quarter. Nomura Asset Management Co. Ltd. now owns 1,352,600 shares of the company’s stock worth $33,544,000 after purchasing an additional 23,500 shares during the last quarter. Angeles Investment Advisors LLC acquired a new stake in iShares Fallen Angels USD Bond ETF during the third quarter worth about $26,431,000. ESL Trust Services LLC increased its position in iShares Fallen Angels USD Bond ETF by 2.1% during the third quarter. ESL Trust Services LLC now owns 1,023,095 shares of the company’s stock worth $25,373,000 after purchasing an additional 20,711 shares during the last quarter. Finally, Wright Fund Management LLC acquired a new stake in iShares Fallen Angels USD Bond ETF during the third quarter worth about $24,341,000.

iShares Fallen Angels USD Bond ETF Stock Performance

iShares Fallen Angels USD Bond ETF stock opened at $26.23 on Friday. iShares Fallen Angels USD Bond ETF has a 12-month low of $24.12 and a 12-month high of $26.92. The company has a 50-day moving average price of $26.51 and a 200 day moving average price of $26.06.

iShares Fallen Angels USD Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.1692 per share. This represents a $2.03 dividend on an annualized basis and a dividend yield of 7.74%. The ex-dividend date of this dividend was Monday, April 1st.

About iShares Fallen Angels USD Bond ETF

The iShares Fallen Angels USD Bond ETF (FALN) 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. FALN was launched on Jun 14, 2016 and is managed by BlackRock.