iShares Fallen Angels USD Bond ETF $FALN Shares Newly Bought by Mather Group LLC.

Mather Group LLC. purchased a new position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 58,228 shares of the company’s stock, valued at approximately $1,510,000. Mather Group LLC. owned approximately 0.09% of iShares Fallen Angels USD Bond ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 6.1% in the first quarter. Root Financial Partners LLC now owns 6,477 shares of the company’s stock worth $173,000 after buying an additional 375 shares during the period. Intergy Private Wealth LLC raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 5.1% during the first quarter. Intergy Private Wealth LLC now owns 9,685 shares of the company’s stock valued at $259,000 after acquiring an additional 468 shares during the period. Box Hill Private Wealth LLC raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 4.2% during the third quarter. Box Hill Private Wealth LLC now owns 12,118 shares of the company’s stock valued at $314,000 after acquiring an additional 483 shares during the period. Arete Wealth Advisors LLC raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 4.4% during the first quarter. Arete Wealth Advisors LLC now owns 11,766 shares of the company’s stock valued at $314,000 after acquiring an additional 500 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 2.1% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 24,399 shares of the company’s stock valued at $665,000 after acquiring an additional 500 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Stock Down 0.5%

Shares of NASDAQ:FALN traded down $0.14 during mid-day trading on Friday, hitting $25.68. The stock had a trading volume of 1,060,535 shares, compared to its average volume of 1,041,607. iShares Fallen Angels USD Bond ETF has a 12-month low of $25.61 and a 12-month high of $27.77. The company’s 50 day moving average is $26.51 and its 200-day moving average is $26.86.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.1471 per share. This represents a $1.77 annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.1425.

About iShares Fallen Angels USD Bond ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FALN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report).

Institutional Ownership by Quarter for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Receive News & Ratings for iShares Fallen Angels USD Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Fallen Angels USD Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.