iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 5.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,660 shares of the company’s stock after purchasing an additional 1,998 shares during the quarter. D.A. Davidson & CO. owned approximately 0.05% of iShares Fallen Angels USD Bond ETF worth $1,006,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Mather Group LLC. boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 6.4% during the fourth quarter. Mather Group LLC. now owns 9,566,735 shares of the company’s stock valued at $255,528,000 after acquiring an additional 575,494 shares during the period. Angeles Investment Advisors LLC lifted its position in iShares Fallen Angels USD Bond ETF by 39.8% in the 3rd quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock valued at $35,389,000 after purchasing an additional 368,400 shares during the last quarter. Allworth Financial LP boosted its stake in iShares Fallen Angels USD Bond ETF by 6.9% during the 4th quarter. Allworth Financial LP now owns 1,206,488 shares of the company’s stock valued at $32,563,000 after purchasing an additional 77,996 shares during the period. ESL Trust Services LLC grew its position in iShares Fallen Angels USD Bond ETF by 0.4% in the 3rd quarter. ESL Trust Services LLC now owns 1,115,111 shares of the company’s stock worth $30,487,000 after purchasing an additional 4,218 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of iShares Fallen Angels USD Bond ETF by 52.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock valued at $22,746,000 after purchasing an additional 287,900 shares during the period.

iShares Fallen Angels USD Bond ETF Stock Down 0.4 %

FALN opened at $26.93 on Monday. iShares Fallen Angels USD Bond ETF has a twelve month low of $25.90 and a twelve month high of $27.43. The business’s 50 day moving average is $26.90 and its 200-day moving average is $27.03.

iShares Fallen Angels USD Bond ETF Increases Dividend

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