9,457 Shares in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Acquired by Goldstone Financial Group LLC

Goldstone Financial Group LLC bought a new stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,457 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FALN. Asset Dedication LLC acquired a new position in iShares Fallen Angels USD Bond ETF in the second quarter valued at approximately $34,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the 2nd quarter worth $49,000. Bell Investment Advisors Inc acquired a new stake in shares of iShares Fallen Angels USD Bond ETF during the 2nd quarter worth about $87,000. PNC Financial Services Group Inc. raised its holdings in iShares Fallen Angels USD Bond ETF by 143.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,323 shares of the company’s stock valued at $88,000 after buying an additional 1,957 shares during the period. Finally, Consultiva Wealth Management CORP. acquired a new position in iShares Fallen Angels USD Bond ETF in the first quarter valued at about $106,000.

iShares Fallen Angels USD Bond ETF Trading Down 0.2 %

Shares of FALN opened at $26.89 on Friday. The firm has a 50-day simple moving average of $27.15 and a two-hundred day simple moving average of $26.70. iShares Fallen Angels USD Bond ETF has a 1-year low of $24.37 and a 1-year high of $27.43.

iShares Fallen Angels USD Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1348 per share. The ex-dividend date of this dividend was Tuesday, September 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.