Diversify Wealth Management LLC Grows Stock Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Diversify Wealth Management LLC increased its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 2.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 170,955 shares of the company’s stock after buying an additional 3,766 shares during the period. Diversify Wealth Management LLC owned 0.24% of iShares Fallen Angels USD Bond ETF worth $4,563,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Western Financial Corp CA lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 1.5% in the third quarter. Western Financial Corp CA now owns 25,771 shares of the company’s stock worth $705,000 after buying an additional 390 shares in the last quarter. Virtue Capital Management LLC lifted its position in iShares Fallen Angels USD Bond ETF by 0.6% in the 3rd quarter. Virtue Capital Management LLC now owns 70,213 shares of the company’s stock valued at $1,920,000 after acquiring an additional 401 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in iShares Fallen Angels USD Bond ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 19,733 shares of the company’s stock valued at $540,000 after purchasing an additional 415 shares during the last quarter. Invst LLC increased its holdings in shares of iShares Fallen Angels USD Bond ETF by 3.7% in the 2nd quarter. Invst LLC now owns 17,461 shares of the company’s stock worth $454,000 after purchasing an additional 630 shares in the last quarter. Finally, LexAurum Advisors LLC raised its stake in shares of iShares Fallen Angels USD Bond ETF by 3.3% in the third quarter. LexAurum Advisors LLC now owns 24,444 shares of the company’s stock worth $668,000 after purchasing an additional 776 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Up 0.1 %

iShares Fallen Angels USD Bond ETF stock opened at $26.99 on Monday. iShares Fallen Angels USD Bond ETF has a one year low of $25.90 and a one year high of $27.43. The business’s fifty day moving average is $26.96 and its 200 day moving average is $26.95.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1371 dividend. This represents a $1.64 annualized dividend and a dividend yield of 6.09%. The ex-dividend date was Wednesday, December 18th.

About iShares Fallen Angels USD Bond ETF

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.