Bright Futures Wealth Management LLC. Has $695,000 Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Bright Futures Wealth Management LLC. raised its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 10.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 25,670 shares of the company’s stock after acquiring an additional 2,379 shares during the period. Bright Futures Wealth Management LLC.’s holdings in iShares Fallen Angels USD Bond ETF were worth $695,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. boosted its position in shares of iShares Fallen Angels USD Bond ETF by 6.4% during the fourth quarter. Mather Group LLC. now owns 9,566,735 shares of the company’s stock valued at $255,528,000 after buying an additional 575,494 shares during the last quarter. Angeles Investment Advisors LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF by 39.8% during the third quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock valued at $35,389,000 after buying an additional 368,400 shares during the last quarter. Allworth Financial LP boosted its position in shares of iShares Fallen Angels USD Bond ETF by 1.3% during the third quarter. Allworth Financial LP now owns 1,128,492 shares of the company’s stock valued at $30,853,000 after buying an additional 13,997 shares during the last quarter. ESL Trust Services LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF by 0.4% during the third quarter. ESL Trust Services LLC now owns 1,115,111 shares of the company’s stock valued at $30,487,000 after buying an additional 4,218 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in shares of iShares Fallen Angels USD Bond ETF by 52.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock valued at $22,746,000 after buying an additional 287,900 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Trading Up 0.5 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $26.99 on Friday. The business’s fifty day simple moving average is $26.92 and its 200 day simple moving average is $27.01. iShares Fallen Angels USD Bond ETF has a 12 month low of $25.90 and a 12 month high of $27.43.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.1433 per share. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, February 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.