iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by Atria Investments Inc

Atria Investments Inc trimmed its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 47.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,752 shares of the company’s stock after selling 19,028 shares during the period. Atria Investments Inc’s holdings in iShares Fallen Angels USD Bond ETF were worth $567,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in FALN. Avantax Advisory Services Inc. increased its stake in shares of iShares Fallen Angels USD Bond ETF by 6.2% in the first quarter. Avantax Advisory Services Inc. now owns 9,484 shares of the company’s stock worth $255,000 after buying an additional 553 shares during the last quarter. CreativeOne Wealth LLC lifted its holdings in iShares Fallen Angels USD Bond ETF by 159.8% in the 1st quarter. CreativeOne Wealth LLC now owns 60,743 shares of the company’s stock valued at $1,632,000 after acquiring an additional 37,361 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in iShares Fallen Angels USD Bond ETF by 20.2% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 27,316 shares of the company’s stock valued at $677,000 after acquiring an additional 4,597 shares during the last quarter. Consultiva Wealth Management CORP. acquired a new stake in iShares Fallen Angels USD Bond ETF during the 1st quarter worth about $106,000. Finally, Comerica Bank raised its holdings in iShares Fallen Angels USD Bond ETF by 4.4% during the 1st quarter. Comerica Bank now owns 33,285 shares of the company’s stock worth $894,000 after buying an additional 1,415 shares during the period.

iShares Fallen Angels USD Bond ETF Trading Up 0.1 %

Shares of FALN opened at $27.07 on Wednesday. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $25.45 and a fifty-two week high of $27.43. The business’s 50-day moving average is $27.13 and its 200-day moving average is $26.78.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.1409 per share. This represents a $1.69 annualized dividend and a yield of 6.25%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14.

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.