Bell Investment Advisors Inc purchased a new position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,318 shares of the company’s stock, valued at approximately $87,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. Insight Wealth Partners LLC boosted its position in iShares Fallen Angels USD Bond ETF by 0.5% during the 2nd quarter. Insight Wealth Partners LLC now owns 101,950 shares of the company’s stock worth $2,670,000 after acquiring an additional 482 shares during the period. Avantax Advisory Services Inc. boosted its position in iShares Fallen Angels USD Bond ETF by 6.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 9,484 shares of the company’s stock worth $255,000 after acquiring an additional 553 shares during the period. Dynamic Advisor Solutions LLC boosted its position in iShares Fallen Angels USD Bond ETF by 3.9% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 17,928 shares of the company’s stock worth $470,000 after acquiring an additional 666 shares during the period. Wealth Advisory Solutions LLC boosted its position in iShares Fallen Angels USD Bond ETF by 1.5% during the 2nd quarter. Wealth Advisory Solutions LLC now owns 49,380 shares of the company’s stock worth $1,293,000 after acquiring an additional 727 shares during the period. Finally, Absolute Capital Management LLC boosted its position in iShares Fallen Angels USD Bond ETF by 9.1% during the 1st quarter. Absolute Capital Management LLC now owns 8,786 shares of the company’s stock worth $236,000 after acquiring an additional 731 shares during the period.
iShares Fallen Angels USD Bond ETF Trading Up 0.1 %
Shares of FALN stock opened at $27.10 on Thursday. The stock has a fifty day moving average of $26.78 and a two-hundred day moving average of $26.56. iShares Fallen Angels USD Bond ETF has a 1 year low of $24.12 and a 1 year high of $27.23.
iShares Fallen Angels USD Bond ETF Announces Dividend
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.
Further Reading
- Five stocks we like better than iShares Fallen Angels USD Bond ETF
- Best Stocks Under $10.00
- Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
- How to Most Effectively Use the MarketBeat Earnings Screener
- GameStop: Earnings Won’t Save It, Dilution Points to Trouble
- The Significance of Brokerage Rankings in Stock Selection
- Dividend Aristocrats or Dividend Kings: Which Is Best for You?
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.