Concurrent Investment Advisors LLC Has $310,000 Position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Concurrent Investment Advisors LLC grew its holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 34.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,606 shares of the company’s stock after purchasing an additional 3,001 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $310,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FALN. Mather Group LLC. lifted its holdings in iShares Fallen Angels USD Bond ETF by 6.4% during the 4th quarter. Mather Group LLC. now owns 9,566,735 shares of the company’s stock worth $255,528,000 after buying an additional 575,494 shares in the last quarter. Angeles Investment Advisors LLC lifted its position in iShares Fallen Angels USD Bond ETF by 39.8% during the 3rd quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock valued at $35,389,000 after purchasing an additional 368,400 shares during the period. Allworth Financial LP grew its position in shares of iShares Fallen Angels USD Bond ETF by 6.9% during the 4th quarter. Allworth Financial LP now owns 1,206,488 shares of the company’s stock worth $32,563,000 after buying an additional 77,996 shares during the period. ESL Trust Services LLC raised its stake in shares of iShares Fallen Angels USD Bond ETF by 0.4% during the third quarter. ESL Trust Services LLC now owns 1,115,111 shares of the company’s stock worth $30,487,000 after buying an additional 4,218 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in iShares Fallen Angels USD Bond ETF by 52.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock valued at $22,746,000 after buying an additional 287,900 shares during the period.

iShares Fallen Angels USD Bond ETF Trading Up 0.5 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $27.07 on Wednesday. iShares Fallen Angels USD Bond ETF has a 52 week low of $25.90 and a 52 week high of $27.43. The firm has a fifty day moving average of $26.89 and a two-hundred day moving average of $27.03.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.1433 per share. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, February 3rd.

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.