iShares Fallen Angels USD Bond ETF $FALN Stock Holdings Increased by TriaGen Wealth Management LLC

TriaGen Wealth Management LLC boosted its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 5.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,481 shares of the company’s stock after purchasing an additional 1,753 shares during the period. TriaGen Wealth Management LLC owned about 0.05% of iShares Fallen Angels USD Bond ETF worth $990,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 86.9% during the 2nd quarter. Wolff Wiese Magana LLC now owns 1,125 shares of the company’s stock valued at $31,000 after buying an additional 523 shares during the period. Brown Lisle Cummings Inc. purchased a new stake in shares of iShares Fallen Angels USD Bond ETF during the first quarter worth $32,000. Fifth Third Bancorp boosted its position in iShares Fallen Angels USD Bond ETF by 45.1% during the first quarter. Fifth Third Bancorp now owns 1,785 shares of the company’s stock valued at $48,000 after purchasing an additional 555 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its stake in iShares Fallen Angels USD Bond ETF by 26.8% in the first quarter. Strategic Investment Solutions Inc. IL now owns 1,904 shares of the company’s stock valued at $51,000 after purchasing an additional 403 shares in the last quarter. Finally, Olde Wealth Management LLC purchased a new position in iShares Fallen Angels USD Bond ETF in the first quarter valued at about $53,000.

iShares Fallen Angels USD Bond ETF Stock Down 0.0%

Shares of FALN stock opened at $27.67 on Tuesday. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $27.79. The stock’s 50-day moving average is $27.36 and its two-hundred day moving average is $26.82.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.1435 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This is a boost from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 6.2%.

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.