iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Position Raised by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALNFree Report) by 126.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 229,370 shares of the company’s stock after acquiring an additional 128,094 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.39% of iShares Fallen Angels USD Bond ETF worth $6,055,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Jane Street Group LLC grew its position in iShares Fallen Angels USD Bond ETF by 177.7% in the 1st quarter. Jane Street Group LLC now owns 3,791,552 shares of the company’s stock worth $105,253,000 after purchasing an additional 2,426,217 shares during the last quarter. Angeles Investment Advisors LLC acquired a new stake in iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at approximately $26,431,000. Wright Fund Management LLC acquired a new stake in iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at approximately $24,341,000. Bank of America Corp DE raised its stake in iShares Fallen Angels USD Bond ETF by 38.1% during the 1st quarter. Bank of America Corp DE now owns 2,301,475 shares of the company’s stock valued at $58,158,000 after acquiring an additional 635,253 shares in the last quarter. Finally, UBS Group AG boosted its position in iShares Fallen Angels USD Bond ETF by 78.3% during the 1st quarter. UBS Group AG now owns 1,217,322 shares of the company’s stock worth $30,762,000 after acquiring an additional 534,483 shares during the period.

iShares Fallen Angels USD Bond ETF Price Performance

Shares of FALN opened at $26.60 on Thursday. iShares Fallen Angels USD Bond ETF has a one year low of $24.12 and a one year high of $26.92. The stock’s fifty day moving average is $26.61 and its 200-day moving average is $25.88.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd will be paid a dividend of $0.1692 per share. The ex-dividend date is Monday, April 1st. This represents a $2.03 annualized dividend and a yield of 7.63%.

iShares Fallen Angels USD Bond ETF Company Profile

(Free Report)

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.

See Also

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

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