Wealth Advisory Solutions LLC Increases Stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Wealth Advisory Solutions LLC raised its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 2.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 50,679 shares of the company’s stock after purchasing an additional 1,299 shares during the period. Wealth Advisory Solutions LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $1,386,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Asset Dedication LLC purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the second quarter valued at about $34,000. Strategic Investment Solutions Inc. IL bought a new position in iShares Fallen Angels USD Bond ETF during the second quarter valued at approximately $49,000. Strategic Financial Concepts LLC grew its holdings in iShares Fallen Angels USD Bond ETF by 385.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 222,350 shares of the company’s stock valued at $58,000 after buying an additional 176,515 shares in the last quarter. Bell Investment Advisors Inc bought a new stake in iShares Fallen Angels USD Bond ETF in the 2nd quarter worth approximately $87,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 143.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,323 shares of the company’s stock worth $88,000 after acquiring an additional 1,957 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Trading Down 0.4 %

FALN traded down $0.12 during trading hours on Monday, hitting $27.08. The company’s stock had a trading volume of 132,857 shares, compared to its average volume of 696,847. The business’s 50-day moving average price is $27.14 and its 200-day moving average price is $26.67. iShares Fallen Angels USD Bond ETF has a 12 month low of $24.12 and a 12 month high of $27.43.

iShares Fallen Angels USD Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1348 dividend. The ex-dividend date of this dividend was Tuesday, September 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.