CreativeOne Wealth LLC Purchases 37,361 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

CreativeOne Wealth LLC increased its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 159.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,743 shares of the company’s stock after acquiring an additional 37,361 shares during the quarter. CreativeOne Wealth LLC owned about 0.10% of iShares Fallen Angels USD Bond ETF worth $1,632,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FALN. Envestnet Asset Management Inc. increased its stake in iShares Fallen Angels USD Bond ETF by 63.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,385,363 shares of the company’s stock valued at $62,974,000 after purchasing an additional 921,570 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the 4th quarter valued at approximately $16,210,000. Procyon Advisors LLC acquired a new stake in shares of iShares Fallen Angels USD Bond ETF in the first quarter worth $12,111,000. Mather Group LLC. increased its stake in shares of iShares Fallen Angels USD Bond ETF by 5.4% in the fourth quarter. Mather Group LLC. now owns 6,673,371 shares of the company’s stock worth $176,177,000 after acquiring an additional 341,019 shares during the period. Finally, Assetmark Inc. increased its stake in shares of iShares Fallen Angels USD Bond ETF by 1,648.3% in the fourth quarter. Assetmark Inc. now owns 278,184 shares of the company’s stock worth $7,344,000 after acquiring an additional 262,272 shares during the period.

iShares Fallen Angels USD Bond ETF Stock Up 0.3 %

Shares of NASDAQ:FALN traded up $0.08 during midday trading on Friday, reaching $26.63. The company’s stock had a trading volume of 256,886 shares, compared to its average volume of 709,588. iShares Fallen Angels USD Bond ETF has a twelve month low of $24.12 and a twelve month high of $26.92. The stock has a fifty day moving average of $26.42 and a 200 day moving average of $26.48.

iShares Fallen Angels USD Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a $0.1379 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.65 dividend on an annualized basis and a dividend yield of 6.21%.

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.