iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Stock Holdings Lifted by Wealth Advisory Solutions LLC

Wealth Advisory Solutions LLC raised its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 8.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,808 shares of the company’s stock after purchasing an additional 4,129 shares during the period. Wealth Advisory Solutions LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $1,464,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Detalus Advisors LLC increased its holdings in iShares Fallen Angels USD Bond ETF by 23.4% in the fourth quarter. Detalus Advisors LLC now owns 9,831 shares of the company’s stock worth $263,000 after buying an additional 1,867 shares during the last quarter. US Bancorp DE grew its position in iShares Fallen Angels USD Bond ETF by 53.7% in the fourth quarter. US Bancorp DE now owns 98,539 shares of the company’s stock worth $2,632,000 after acquiring an additional 34,407 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of iShares Fallen Angels USD Bond ETF during the 4th quarter worth $819,000. Continuum Wealth Advisors LLC raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 4.0% during the 4th quarter. Continuum Wealth Advisors LLC now owns 169,433 shares of the company’s stock valued at $4,526,000 after purchasing an additional 6,502 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 25.4% in the 4th quarter. Bank of New York Mellon Corp now owns 142,668 shares of the company’s stock valued at $3,811,000 after purchasing an additional 28,873 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

iShares Fallen Angels USD Bond ETF stock opened at $26.95 on Wednesday. iShares Fallen Angels USD Bond ETF has a one year low of $25.90 and a one year high of $27.43. The company’s fifty day moving average price is $26.93 and its two-hundred day moving average price is $27.04.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.1372 per share. The ex-dividend date is Monday, March 3rd.

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.