iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Acquired by Allworth Financial LP

Allworth Financial LP lifted its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 6.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,206,488 shares of the company’s stock after acquiring an additional 77,996 shares during the period. Allworth Financial LP’s holdings in iShares Fallen Angels USD Bond ETF were worth $32,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Alpha Financial Partners LLC acquired a new position in shares of iShares Fallen Angels USD Bond ETF in the third quarter valued at about $223,000. Creative Planning increased its holdings in iShares Fallen Angels USD Bond ETF by 5.1% in the 3rd quarter. Creative Planning now owns 483,351 shares of the company’s stock worth $13,215,000 after buying an additional 23,360 shares during the period. First Citizens Bank & Trust Co. lifted its stake in iShares Fallen Angels USD Bond ETF by 16.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 52,792 shares of the company’s stock valued at $1,443,000 after acquiring an additional 7,288 shares during the period. TriaGen Wealth Management LLC boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 3.0% in the 3rd quarter. TriaGen Wealth Management LLC now owns 30,225 shares of the company’s stock valued at $826,000 after acquiring an additional 889 shares during the last quarter. Finally, Capital Wealth Management LLC raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 3.0% during the third quarter. Capital Wealth Management LLC now owns 154,810 shares of the company’s stock worth $4,233,000 after purchasing an additional 4,501 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Up 0.1 %

NASDAQ:FALN opened at $27.02 on Friday. The firm’s fifty day moving average is $26.92 and its two-hundred day moving average is $27.01. iShares Fallen Angels USD Bond ETF has a one year low of $25.90 and a one year high of $27.43.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1433 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14.

iShares Fallen Angels USD Bond ETF Company Profile

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.