Atria Wealth Solutions Inc. Cuts Position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Atria Wealth Solutions Inc. lowered its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 47.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,605 shares of the company’s stock after selling 24,840 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $737,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Private Advisor Group LLC increased its position in shares of iShares Fallen Angels USD Bond ETF by 70.6% during the 3rd quarter. Private Advisor Group LLC now owns 17,134 shares of the company’s stock worth $468,000 after purchasing an additional 7,092 shares during the last quarter. PFG Investments LLC purchased a new stake in iShares Fallen Angels USD Bond ETF during the third quarter worth approximately $377,000. Wealth Enhancement Advisory Services LLC lifted its position in iShares Fallen Angels USD Bond ETF by 3.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 35,495 shares of the company’s stock valued at $970,000 after acquiring an additional 1,106 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 12.0% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,946 shares of the company’s stock valued at $791,000 after acquiring an additional 3,097 shares during the period. Finally, Diversify Wealth Management LLC boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 7.0% during the third quarter. Diversify Wealth Management LLC now owns 167,189 shares of the company’s stock worth $4,506,000 after buying an additional 10,976 shares during the period.

iShares Fallen Angels USD Bond ETF Price Performance

Shares of FALN opened at $27.07 on Wednesday. The company’s fifty day moving average is $26.89 and its two-hundred day moving average is $27.03. 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 paid a $0.1433 dividend. This is a boost from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, February 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.