iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. decreased its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 51.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 23,105 shares of the company’s stock after selling 24,965 shares during the period. ST Germain D J Co. Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $632,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FALN. First Citizens Bank & Trust Co. raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 16.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 52,792 shares of the company’s stock valued at $1,443,000 after buying an additional 7,288 shares during the period. Addison Capital Co raised its stake in shares of iShares Fallen Angels USD Bond ETF by 22.0% during the third quarter. Addison Capital Co now owns 45,783 shares of the company’s stock valued at $1,252,000 after purchasing an additional 8,260 shares during the period. LexAurum Advisors LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 3.3% during the third quarter. LexAurum Advisors LLC now owns 24,444 shares of the company’s stock worth $668,000 after purchasing an additional 776 shares in the last quarter. Creative Planning boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 5.1% in the third quarter. Creative Planning now owns 483,351 shares of the company’s stock valued at $13,215,000 after purchasing an additional 23,360 shares during the period. Finally, Novare Capital Management LLC grew its holdings in iShares Fallen Angels USD Bond ETF by 12.1% during the 3rd quarter. Novare Capital Management LLC now owns 68,086 shares of the company’s stock valued at $1,861,000 after purchasing an additional 7,375 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Trading Up 0.1 %

Shares of FALN stock opened at $27.20 on Friday. The company’s fifty day moving average price is $27.14 and its two-hundred day moving average price is $26.67. iShares Fallen Angels USD Bond ETF has a 12 month low of $24.12 and a 12 month high of $27.43.

iShares Fallen Angels USD Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1348 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.