iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Purchased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. raised its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 113.9% in the 4th quarter, Holdings Channel reports. The fund owned 174,248 shares of the company’s stock after purchasing an additional 92,803 shares during the period. Atria Wealth Solutions Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $4,600,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FALN. Sunesis Advisors LLC acquired a new stake in iShares Fallen Angels USD Bond ETF in the third quarter valued at approximately $445,000. ST Germain D J Co. Inc. grew its position in iShares Fallen Angels USD Bond ETF by 5.2% in the third quarter. ST Germain D J Co. Inc. now owns 316,340 shares of the company’s stock valued at $7,845,000 after acquiring an additional 15,758 shares in the last quarter. Vicus Capital grew its position in iShares Fallen Angels USD Bond ETF by 2.2% in the third quarter. Vicus Capital now owns 60,171 shares of the company’s stock valued at $1,492,000 after acquiring an additional 1,284 shares in the last quarter. Raymond James & Associates grew its position in iShares Fallen Angels USD Bond ETF by 10.1% in the third quarter. Raymond James & Associates now owns 23,623 shares of the company’s stock valued at $586,000 after acquiring an additional 2,168 shares in the last quarter. Finally, Continuum Wealth Advisors LLC grew its position in iShares Fallen Angels USD Bond ETF by 7.1% in the third quarter. Continuum Wealth Advisors LLC now owns 249,596 shares of the company’s stock valued at $6,190,000 after acquiring an additional 16,599 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Stock Up 0.2 %

Shares of NASDAQ:FALN opened at $26.23 on Friday. iShares Fallen Angels USD Bond ETF has a 52-week low of $24.12 and a 52-week high of $26.92. The company has a 50 day moving average of $26.51 and a two-hundred day moving average of $26.06.

iShares Fallen Angels USD Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.1692 per share. This represents a $2.03 annualized dividend and a dividend yield of 7.74%. The ex-dividend date of this dividend was Monday, April 1st.

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.