World Investment Advisors LLC Boosts Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

World Investment Advisors LLC grew its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 40.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,422 shares of the company’s stock after purchasing an additional 23,733 shares during the period. World Investment Advisors LLC owned approximately 0.12% of iShares Fallen Angels USD Bond ETF worth $2,253,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FALN. Virtue Capital Management LLC grew its position in iShares Fallen Angels USD Bond ETF by 0.6% during the third quarter. Virtue Capital Management LLC now owns 70,213 shares of the company’s stock worth $1,920,000 after buying an additional 401 shares in the last quarter. Executive Wealth Management LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF by 10.6% during the 3rd quarter. Executive Wealth Management LLC now owns 324,004 shares of the company’s stock valued at $8,858,000 after acquiring an additional 31,055 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of iShares Fallen Angels USD Bond ETF by 52.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock worth $22,746,000 after purchasing an additional 287,900 shares in the last quarter. MML Investors Services LLC increased its position in shares of iShares Fallen Angels USD Bond ETF by 11.0% in the third quarter. MML Investors Services LLC now owns 427,302 shares of the company’s stock worth $11,682,000 after purchasing an additional 42,327 shares during the last quarter. Finally, IHT Wealth Management LLC raised its stake in iShares Fallen Angels USD Bond ETF by 87.9% in the third quarter. IHT Wealth Management LLC now owns 31,099 shares of the company’s stock valued at $849,000 after purchasing an additional 14,546 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Trading Down 0.3 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $27.09 on Friday. The company has a 50 day simple moving average of $27.09 and a two-hundred day simple moving average of $26.86. iShares Fallen Angels USD Bond ETF has a 1 year low of $25.90 and a 1 year high of $27.43.

iShares Fallen Angels USD Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.1372 per share. This is an increase from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, December 2nd.

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.