iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 52.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,000 shares of the company’s stock after selling 9,000 shares during the period. Vontobel Holding Ltd.’s holdings in iShares Fallen Angels USD Bond ETF were worth $214,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Mather Group LLC. boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 6.4% during the 4th quarter. Mather Group LLC. now owns 9,566,735 shares of the company’s stock worth $255,528,000 after purchasing an additional 575,494 shares during the last quarter. Angeles Investment Advisors LLC boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 39.8% during the 3rd quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock worth $35,389,000 after purchasing an additional 368,400 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 52.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock worth $22,746,000 after purchasing an additional 287,900 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of iShares Fallen Angels USD Bond ETF during the 4th quarter worth approximately $6,151,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of iShares Fallen Angels USD Bond ETF during the 4th quarter worth approximately $5,839,000.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of iShares Fallen Angels USD Bond ETF stock opened at $26.93 on Friday. The stock’s 50 day simple moving average is $26.90 and its 200-day simple moving average is $27.02. iShares Fallen Angels USD Bond ETF has a 1-year low of $25.90 and a 1-year high of $27.43.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1433 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14.

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.