iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 50.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,000 shares of the company’s stock after acquiring an additional 5,000 shares during the period. Vontobel Holding Ltd.’s holdings in iShares Fallen Angels USD Bond ETF were worth $396,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc acquired a new position in iShares Fallen Angels USD Bond ETF during the third quarter worth $27,000. Private Trust Co. NA grew its holdings in iShares Fallen Angels USD Bond ETF by 19.6% during the fourth quarter. Private Trust Co. NA now owns 3,290 shares of the company’s stock worth $87,000 after acquiring an additional 540 shares during the period. Consultiva Wealth Management CORP. purchased a new stake in iShares Fallen Angels USD Bond ETF during the third quarter worth $98,000. Tennessee Valley Asset Management Partners purchased a new stake in iShares Fallen Angels USD Bond ETF during the fourth quarter worth $149,000. Finally, Provence Wealth Management Group purchased a new stake in iShares Fallen Angels USD Bond ETF during the third quarter worth $150,000.

iShares Fallen Angels USD Bond ETF Trading Up 0.3 %

FALN opened at $26.23 on Wednesday. The business’s fifty day moving average is $26.53 and its two-hundred day moving average is $26.04. iShares Fallen Angels USD Bond ETF has a one year low of $24.12 and a one year high of $26.92.

iShares Fallen Angels USD Bond ETF Announces Dividend

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

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.