Creative Planning Acquires 23,360 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Creative Planning increased its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 5.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 483,351 shares of the company’s stock after acquiring an additional 23,360 shares during the period. Creative Planning owned about 0.71% of iShares Fallen Angels USD Bond ETF worth $13,215,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Mather Group LLC. grew its stake in iShares Fallen Angels USD Bond ETF by 27.0% in the 3rd quarter. Mather Group LLC. now owns 8,991,241 shares of the company’s stock worth $245,821,000 after acquiring an additional 1,913,910 shares in the last quarter. Cetera Investment Advisers grew its stake in iShares Fallen Angels USD Bond ETF by 182.5% in the first quarter. Cetera Investment Advisers now owns 768,476 shares of the company’s stock worth $20,641,000 after purchasing an additional 496,455 shares in the last quarter. Procyon Advisors LLC purchased a new position in iShares Fallen Angels USD Bond ETF during the 1st quarter worth $12,111,000. Toews Corp ADV bought a new stake in iShares Fallen Angels USD Bond ETF during the 2nd quarter valued at $6,927,000. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 385.1% in the 2nd 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 during the period.

iShares Fallen Angels USD Bond ETF Price Performance

FALN opened at $27.08 on Tuesday. iShares Fallen Angels USD Bond ETF has a 12-month low of $24.12 and a 12-month high of $27.43. The business’s fifty day simple moving average is $27.14 and its 200-day simple moving average is $26.68.

iShares Fallen Angels USD Bond ETF Dividend Announcement

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

About iShares Fallen Angels USD Bond ETF

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.