iShares Fallen Angels USD Bond ETF $FALN Shares Sold by Independence Financial Advisors LLC

Independence Financial Advisors LLC decreased its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 63.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 164,005 shares of the company’s stock after selling 282,135 shares during the period. iShares Fallen Angels USD Bond ETF makes up approximately 1.7% of Independence Financial Advisors LLC’s holdings, making the stock its 20th largest position. Independence Financial Advisors LLC owned approximately 0.24% of iShares Fallen Angels USD Bond ETF worth $4,451,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of FALN. Wolff Wiese Magana LLC increased its stake in iShares Fallen Angels USD Bond ETF by 86.9% in the 2nd quarter. Wolff Wiese Magana LLC now owns 1,125 shares of the company’s stock valued at $31,000 after purchasing an additional 523 shares in the last quarter. Strategic Investment Solutions Inc. IL lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 26.8% during the first quarter. Strategic Investment Solutions Inc. IL now owns 1,904 shares of the company’s stock worth $51,000 after purchasing an additional 403 shares in the last quarter. Anderson Financial Strategies LLC acquired a new stake in iShares Fallen Angels USD Bond ETF in the first quarter valued at approximately $55,000. Private Trust Co. NA lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 41.0% in the second quarter. Private Trust Co. NA now owns 3,101 shares of the company’s stock worth $84,000 after acquiring an additional 901 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in iShares Fallen Angels USD Bond ETF in the second quarter valued at $122,000.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of FALN opened at $27.24 on Friday. The business’s fifty day moving average price is $27.56 and its 200 day moving average price is $27.08. iShares Fallen Angels USD Bond ETF has a 12-month low of $24.82 and a 12-month high of $27.79.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a $0.1514 dividend. This represents a c) annualized dividend and a yield of 6.7%. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, November 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.