iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC grew its holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 7.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,179 shares of the company’s stock after buying an additional 6,468 shares during the period. iShares Fallen Angels USD Bond ETF accounts for about 0.5% of Impact Partnership Wealth LLC’s holdings, making the stock its 27th biggest holding. Impact Partnership Wealth LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $2,516,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new stake in iShares Fallen Angels USD Bond ETF in the second quarter valued at $49,000. Wilmington Savings Fund Society FSB acquired a new position in iShares Fallen Angels USD Bond ETF in the third quarter valued at about $55,000. Outlook Wealth Advisors LLC purchased a new position in iShares Fallen Angels USD Bond ETF during the third quarter worth about $203,000. Cornerstone Wealth Management LLC acquired a new stake in shares of iShares Fallen Angels USD Bond ETF during the fourth quarter valued at about $204,000. Finally, Saxony Capital Management LLC purchased a new stake in shares of iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at approximately $208,000.

iShares Fallen Angels USD Bond ETF Stock Up 0.2 %

NASDAQ:FALN opened at $27.05 on Friday. The company has a 50 day moving average price of $26.95 and a 200 day moving average price of $26.96. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $25.90 and a fifty-two week high of $27.43.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1371 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.64 annualized dividend and a dividend yield of 6.08%.

iShares Fallen Angels USD Bond ETF 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.