Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,772,708 shares changed hands during mid-day trading, an increase of 150% from the previous session’s volume of 709,660 shares.The stock last traded at $26.66 and had previously closed at $26.67.
iShares Fallen Angels USD Bond ETF Trading Up 0.0 %
The company has a 50-day moving average price of $26.42 and a two-hundred day moving average price of $26.48.
iShares Fallen Angels USD Bond ETF Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.1379 dividend. The ex-dividend date was Monday, July 1st. This represents a $1.65 annualized dividend and a dividend yield of 6.23%.
Institutional Investors Weigh In On iShares Fallen Angels USD Bond ETF
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.
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