Dohj LLC Has $3.78 Million Stock Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Dohj LLC raised its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,462 shares of the company’s stock after buying an additional 10,019 shares during the period. iShares Fallen Angels USD Bond ETF accounts for about 0.9% of Dohj LLC’s investment portfolio, making the stock its 28th biggest position. Dohj LLC owned 0.20% of iShares Fallen Angels USD Bond ETF worth $3,778,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Western Financial Corp CA raised its position in iShares Fallen Angels USD Bond ETF by 1.5% in the 3rd quarter. Western Financial Corp CA now owns 25,771 shares of the company’s stock worth $705,000 after purchasing an additional 390 shares during the last quarter. Virtue Capital Management LLC increased its position in iShares Fallen Angels USD Bond ETF by 0.6% in the third quarter. Virtue Capital Management LLC now owns 70,213 shares of the company’s stock worth $1,920,000 after purchasing an additional 401 shares during the period. Kingsview Wealth Management LLC raised its holdings in iShares Fallen Angels USD Bond ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 19,733 shares of the company’s stock worth $540,000 after purchasing an additional 415 shares during the last quarter. FOCUS Wealth Advisors LLC raised its holdings in iShares Fallen Angels USD Bond ETF by 0.8% during the 4th quarter. FOCUS Wealth Advisors LLC now owns 67,698 shares of the company’s stock worth $1,808,000 after purchasing an additional 534 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its position in iShares Fallen Angels USD Bond ETF by 7.5% during the 4th quarter. Atomi Financial Group Inc. now owns 9,835 shares of the company’s stock valued at $263,000 after purchasing an additional 683 shares during the period.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of NASDAQ FALN opened at $27.07 on Friday. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $25.90 and a fifty-two week high of $27.43. The company’s 50 day simple moving average is $26.96 and its 200 day simple moving average is $26.98.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.1371 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.64 annualized dividend and a dividend yield of 6.08%.

About iShares Fallen Angels USD Bond ETF

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.