iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. reduced its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 17.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,846 shares of the company’s stock after selling 5,750 shares during the period. Yoder Wealth Management Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $709,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Fallen Angels USD Bond ETF during the third quarter valued at about $27,000. Private Trust Co. NA grew its stake in shares of iShares Fallen Angels USD Bond ETF by 19.6% during the fourth quarter. Private Trust Co. NA now owns 3,290 shares of the company’s stock valued at $87,000 after acquiring an additional 540 shares in the last quarter. Consultiva Wealth Management CORP. acquired a new stake in shares of iShares Fallen Angels USD Bond ETF during the third quarter valued at about $98,000. Tennessee Valley Asset Management Partners bought a new position in shares of iShares Fallen Angels USD Bond ETF during the fourth quarter worth about $149,000. Finally, Provence Wealth Management Group bought a new position in shares of iShares Fallen Angels USD Bond ETF during the third quarter worth about $150,000.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of FALN stock traded up $0.06 during trading hours on Friday, hitting $26.23. 525,150 shares of the company were exchanged, compared to its average volume of 779,859. iShares Fallen Angels USD Bond ETF has a one year low of $24.12 and a one year high of $26.92. The business’s 50-day simple moving average is $26.51 and its two-hundred day simple moving average is $26.06.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1692 per share. The ex-dividend date was Monday, April 1st. This represents a $2.03 annualized dividend and a dividend yield of 7.74%.

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.