iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by Financial Life Advisors

Financial Life Advisors reduced its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 74.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,523 shares of the company’s stock after selling 38,736 shares during the period. Financial Life Advisors’ holdings in iShares Fallen Angels USD Bond ETF were worth $354,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in FALN. Vermillion & White Wealth Management Group LLC bought a new position in shares of iShares Fallen Angels USD Bond ETF in the 4th quarter worth about $33,000. Asset Dedication LLC acquired a new position in iShares Fallen Angels USD Bond ETF in the second quarter valued at approximately $34,000. Strategic Financial Concepts LLC grew its holdings in shares of iShares Fallen Angels USD Bond ETF by 385.1% during the second quarter. Strategic Financial Concepts LLC now owns 222,350 shares of the company’s stock valued at $58,000 after purchasing an additional 176,515 shares during the last quarter. Bell Investment Advisors Inc bought a new stake in shares of iShares Fallen Angels USD Bond ETF in the 2nd quarter worth approximately $87,000. Finally, PNC Financial Services Group Inc. boosted its position in 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 valued at $88,000 after purchasing an additional 1,957 shares during the period.

iShares Fallen Angels USD Bond ETF Stock Up 0.2 %

Shares of NASDAQ FALN opened at $27.20 on Monday. iShares Fallen Angels USD Bond ETF has a 1-year low of $24.12 and a 1-year high of $27.23. The business’s fifty day moving average price is $26.81 and its two-hundred day moving average price is $26.57.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued 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.