Fortis Advisors LLC Has $29,000 Stock Position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Fortis Advisors LLC decreased its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALNGet Rating) by 45.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,055 shares of the company’s stock after selling 895 shares during the period. Fortis Advisors LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $29,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FALN. LPL Financial LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 76.3% in the fourth quarter. LPL Financial LLC now owns 8,892,830 shares of the company’s stock worth $266,518,000 after buying an additional 3,849,852 shares during the last quarter. Mather Group LLC. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 52.3% in the first quarter. Mather Group LLC. now owns 3,231,847 shares of the company’s stock worth $89,716,000 after buying an additional 1,109,932 shares during the last quarter. MML Investors Services LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 81.7% in the fourth quarter. MML Investors Services LLC now owns 1,974,043 shares of the company’s stock worth $59,162,000 after buying an additional 887,555 shares during the last quarter. Stifel Financial Corp lifted its position in shares of iShares Fallen Angels USD Bond ETF by 30.6% in the fourth quarter. Stifel Financial Corp now owns 1,133,115 shares of the company’s stock worth $33,960,000 after buying an additional 265,779 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its position in shares of iShares Fallen Angels USD Bond ETF by 1,000.0% in the first quarter. State of New Jersey Common Pension Fund D now owns 880,000 shares of the company’s stock worth $24,429,000 after buying an additional 800,000 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Up 0.2 %

Shares of NASDAQ:FALN opened at $25.33 on Friday. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $24.23 and a fifty-two week high of $30.44. The business has a 50-day moving average of $25.34 and a two-hundred day moving average of $26.09.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 8th. Investors of record on Friday, September 2nd were given a dividend of $0.103 per share. The ex-dividend date was Thursday, September 1st. This represents a $1.24 annualized dividend and a dividend yield of 4.88%.

See Also

Want to see what other hedge funds are holding FALN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Fallen Angels USD Bond ETF (NASDAQ:FALNGet Rating).

Institutional Ownership by Quarter for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Receive News & Ratings for iShares Fallen Angels USD Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Fallen Angels USD Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.