iShares Fallen Angels USD Bond ETF $FALN Shares Sold by World Investment Advisors

World Investment Advisors cut its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 43.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 151,183 shares of the company’s stock after selling 117,909 shares during the quarter. World Investment Advisors’ holdings in iShares Fallen Angels USD Bond ETF were worth $4,127,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Cornerstone Planning Group LLC lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 0.5% during the third quarter. Cornerstone Planning Group LLC now owns 101,248 shares of the company’s stock worth $2,792,000 after purchasing an additional 457 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 1.7% during the third quarter. Concurrent Investment Advisors LLC now owns 27,547 shares of the company’s stock worth $765,000 after purchasing an additional 462 shares during the period. Exchange Bank lifted its holdings 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 worth $733,000 after purchasing an additional 464 shares during the period. Orion Capital Management LLC lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 9.6% during the third quarter. Orion Capital Management LLC now owns 5,480 shares of the company’s stock worth $152,000 after purchasing an additional 480 shares during the period. Finally, CoreCap Advisors LLC lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 72.4% during the third quarter. CoreCap Advisors LLC now owns 1,179 shares of the company’s stock worth $33,000 after purchasing an additional 495 shares during the period.

iShares Fallen Angels USD Bond ETF Stock Up 0.0%

Shares of NASDAQ FALN opened at $26.96 on Friday. The stock has a fifty day moving average price of $26.96 and a 200 day moving average price of $27.28. iShares Fallen Angels USD Bond ETF has a 1-year low of $26.25 and a 1-year high of $27.79.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a $0.1516 dividend. The ex-dividend date of this dividend was Friday, May 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.