Ignite Planners LLC Purchases 20,601 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Ignite Planners LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALNFree Report) by 38.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,664 shares of the company’s stock after acquiring an additional 20,601 shares during the period. Ignite Planners LLC owned approximately 0.12% of iShares Fallen Angels USD Bond ETF worth $1,985,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FALN. Citigroup Inc. lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 36.0% during the 3rd quarter. Citigroup Inc. now owns 39,445 shares of the company’s stock worth $978,000 after acquiring an additional 10,444 shares during the period. Wright Fund Management LLC bought a new position in iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at approximately $24,341,000. Mutual Advisors LLC lifted its stake in iShares Fallen Angels USD Bond ETF by 397.1% in the 3rd quarter. Mutual Advisors LLC now owns 134,248 shares of the company’s stock valued at $3,329,000 after purchasing an additional 107,242 shares during the last quarter. Mather Group LLC. lifted its stake in iShares Fallen Angels USD Bond ETF by 5.9% in the 3rd quarter. Mather Group LLC. now owns 6,332,352 shares of the company’s stock valued at $157,042,000 after purchasing an additional 352,212 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in iShares Fallen Angels USD Bond ETF by 7.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 14,755 shares of the company’s stock valued at $366,000 after purchasing an additional 995 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

NASDAQ:FALN traded down $0.01 on Monday, hitting $26.41. The company had a trading volume of 210,374 shares, compared to its average volume of 735,671. The firm has a 50 day moving average of $26.36 and a two-hundred day moving average of $26.46. iShares Fallen Angels USD Bond ETF has a 52 week low of $24.12 and a 52 week high of $26.92.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.1414 dividend. This represents a $1.70 annualized dividend and a yield of 6.43%. The ex-dividend date was Monday, June 3rd.

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

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.