10,536 Shares in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Acquired by Winebrenner Capital Management LLC

Winebrenner Capital Management LLC purchased a new position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,536 shares of the company’s stock, valued at approximately $281,000.

Other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF by 70.6% during the third quarter. Private Advisor Group LLC now owns 17,134 shares of the company’s stock worth $468,000 after acquiring an additional 7,092 shares during the last quarter. Atomi Financial Group Inc. lifted its stake in iShares Fallen Angels USD Bond ETF by 7.5% in the 4th quarter. Atomi Financial Group Inc. now owns 9,835 shares of the company’s stock worth $263,000 after purchasing an additional 683 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 360.5% during the 3rd quarter. HighTower Advisors LLC now owns 38,861 shares of the company’s stock valued at $1,065,000 after purchasing an additional 30,422 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares Fallen Angels USD Bond ETF by 16.7% during the third quarter. Janney Montgomery Scott LLC now owns 48,547 shares of the company’s stock valued at $1,327,000 after purchasing an additional 6,957 shares in the last quarter. Finally, Beacon Financial Advisory LLC purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the fourth quarter valued at about $234,000.

iShares Fallen Angels USD Bond ETF Trading Down 0.4 %

NASDAQ:FALN opened at $26.93 on Friday. The business’s 50-day moving average is $26.90 and its 200 day moving average is $27.02. 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 company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1433 per share. This is a boost from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, February 3rd.

About iShares Fallen Angels USD Bond ETF

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.