iShares Fallen Angels USD Bond ETF $FALN Shares Acquired by Integrity Wealth Advisors Inc.

Integrity Wealth Advisors Inc. raised its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 613.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,510 shares of the company’s stock after acquiring an additional 46,865 shares during the period. iShares Fallen Angels USD Bond ETF makes up 1.0% of Integrity Wealth Advisors Inc.’s holdings, making the stock its 24th biggest holding. Integrity Wealth Advisors Inc. owned approximately 0.08% of iShares Fallen Angels USD Bond ETF worth $1,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. L.K. Benson & Company P.C. increased its position in shares of iShares Fallen Angels USD Bond ETF by 1.9% during the fourth quarter. L.K. Benson & Company P.C. now owns 20,493 shares of the company’s stock valued at $559,000 after acquiring an additional 390 shares during the last quarter. Global Retirement Partners LLC increased its position in shares of iShares Fallen Angels USD Bond ETF by 73.2% during the fourth quarter. Global Retirement Partners LLC now owns 1,013 shares of the company’s stock valued at $28,000 after acquiring an additional 428 shares during the last quarter. Exchange Bank increased its position in shares of iShares Fallen Angels USD Bond ETF by 1.8% during the fourth quarter. Exchange Bank now owns 26,854 shares of the company’s stock valued at $733,000 after acquiring an additional 464 shares during the last quarter. Fifth Third Securities Inc. increased its position in shares of iShares Fallen Angels USD Bond ETF by 0.9% during the fourth quarter. Fifth Third Securities Inc. now owns 62,393 shares of the company’s stock valued at $1,703,000 after acquiring an additional 535 shares during the last quarter. Finally, CoreCap Advisors LLC increased its position in shares of iShares Fallen Angels USD Bond ETF by 46.4% during the fourth quarter. CoreCap Advisors LLC now owns 1,726 shares of the company’s stock valued at $47,000 after acquiring an additional 547 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

NASDAQ FALN opened at $27.10 on Thursday. The firm has a 50 day simple moving average of $27.07 and a 200-day simple moving average of $27.21. iShares Fallen Angels USD Bond ETF has a one year low of $26.37 and a one year high of $27.79.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.1491 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. This is an increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, June 1st.

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.