iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Bought by Ignite Planners LLC

Ignite Planners LLC grew its holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 21.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 103,790 shares of the company’s stock after buying an additional 18,462 shares during the period. Ignite Planners LLC owned 0.15% of iShares Fallen Angels USD Bond ETF worth $2,838,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of FALN. Asset Dedication LLC acquired a new stake in iShares Fallen Angels USD Bond ETF in the 2nd quarter valued at about $34,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares Fallen Angels USD Bond ETF in the second quarter valued at approximately $49,000. Strategic Financial Concepts LLC lifted its position in iShares Fallen Angels USD Bond ETF by 385.1% during the second quarter. Strategic Financial Concepts LLC now owns 222,350 shares of the company’s stock worth $58,000 after buying an additional 176,515 shares in the last quarter. Bell Investment Advisors Inc acquired a new position in iShares Fallen Angels USD Bond ETF during the second quarter worth $87,000. Finally, PNC Financial Services Group Inc. grew its holdings in iShares Fallen Angels USD Bond ETF by 143.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,323 shares of the company’s stock valued at $88,000 after buying an additional 1,957 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

Shares of FALN stock opened at $27.01 on Tuesday. The company’s 50-day moving average price is $27.04 and its 200-day moving average price is $26.65. iShares Fallen Angels USD Bond ETF has a twelve month low of $24.12 and a twelve month high of $27.43.

iShares Fallen Angels USD Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1348 per share. The ex-dividend date was Tuesday, September 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.