iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Stock Position Lifted by Mather Group LLC.

Mather Group LLC. grew its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 27.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,991,241 shares of the company’s stock after purchasing an additional 1,913,910 shares during the quarter. iShares Fallen Angels USD Bond ETF makes up 3.2% of Mather Group LLC.’s investment portfolio, making the stock its 6th largest holding. Mather Group LLC. owned 13.35% of iShares Fallen Angels USD Bond ETF worth $245,821,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 1.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,438,047 shares of the company’s stock worth $63,852,000 after purchasing an additional 26,058 shares during the period. LPL Financial LLC raised its stake in shares of iShares Fallen Angels USD Bond ETF by 3.7% in the second quarter. LPL Financial LLC now owns 1,787,437 shares of the company’s stock valued at $46,813,000 after buying an additional 63,746 shares during the period. Cetera Investment Advisers lifted its position in shares of iShares Fallen Angels USD Bond ETF by 182.5% during the 1st quarter. Cetera Investment Advisers now owns 768,476 shares of the company’s stock valued at $20,641,000 after buying an additional 496,455 shares during the last quarter. Cetera Advisors LLC grew its stake in shares of iShares Fallen Angels USD Bond ETF by 18.5% during the 1st quarter. Cetera Advisors LLC now owns 464,605 shares of the company’s stock worth $12,479,000 after acquiring an additional 72,447 shares during the period. Finally, Creative Planning increased its holdings in iShares Fallen Angels USD Bond ETF by 4.5% in the 2nd quarter. Creative Planning now owns 459,991 shares of the company’s stock worth $12,047,000 after acquiring an additional 19,809 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of iShares Fallen Angels USD Bond ETF stock opened at $27.01 on Tuesday. iShares Fallen Angels USD Bond ETF has a 52-week low of $24.12 and a 52-week high of $27.43. The stock’s 50-day simple moving average is $27.04 and its 200 day simple moving average is $26.65.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors 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 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.