Climber Capital SA Makes New $243,000 Investment in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Climber Capital SA purchased a new position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,090 shares of the company’s stock, valued at approximately $243,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Atomi Financial Group Inc. increased its holdings in iShares Fallen Angels USD Bond ETF by 7.5% in the fourth quarter. Atomi Financial Group Inc. now owns 9,835 shares of the company’s stock valued at $263,000 after buying an additional 683 shares in the last quarter. HighTower Advisors LLC increased its stake in iShares Fallen Angels USD Bond ETF by 360.5% in 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 in the last quarter. Beacon Financial Advisory LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the fourth quarter worth $234,000. D L Carlson Investment Group Inc. grew its holdings in iShares Fallen Angels USD Bond ETF by 1.7% in the fourth quarter. D L Carlson Investment Group Inc. now owns 85,748 shares of the company’s stock valued at $2,290,000 after purchasing an additional 1,430 shares during the last quarter. Finally, D.A. Davidson & CO. increased its position in shares of iShares Fallen Angels USD Bond ETF by 5.6% in the fourth quarter. D.A. Davidson & CO. now owns 37,660 shares of the company’s stock valued at $1,006,000 after buying an additional 1,998 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Trading Up 0.3 %

iShares Fallen Angels USD Bond ETF stock opened at $26.76 on Thursday. The firm’s 50-day simple moving average is $26.96 and its 200 day simple moving average is $27.01. iShares Fallen Angels USD Bond ETF has a 52 week low of $25.90 and a 52 week high of $27.43.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.1408 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.31%.

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.