iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. decreased its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 2.6% during the 4th quarter, Holdings Channel reports. The firm owned 22,504 shares of the company’s stock after selling 601 shares during the quarter. ST Germain D J Co. Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $601,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. ORG Partners LLC grew its holdings in iShares Fallen Angels USD Bond ETF by 163.3% in the fourth quarter. ORG Partners LLC now owns 36,446 shares of the company’s stock valued at $973,000 after purchasing an additional 22,605 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Fallen Angels USD Bond ETF by 35.1% in the third quarter. JPMorgan Chase & Co. now owns 184,060 shares of the company’s stock valued at $5,032,000 after purchasing an additional 47,773 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares Fallen Angels USD Bond ETF in the third quarter valued at $55,000. World Investment Advisors LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 40.4% in the third quarter. World Investment Advisors LLC now owns 82,422 shares of the company’s stock valued at $2,253,000 after acquiring an additional 23,733 shares in the last quarter. Finally, Virtue Capital Management LLC lifted its position in shares of 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 valued at $1,920,000 after acquiring an additional 401 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of NASDAQ:FALN opened at $26.69 on Friday. iShares Fallen Angels USD Bond ETF has a 52-week low of $25.90 and a 52-week high of $27.43. The stock’s fifty day simple moving average is $26.98 and its 200-day simple moving average is $26.92.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The business also recently disclosed 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 of this dividend was Wednesday, December 18th. This represents a $1.64 annualized dividend and a dividend yield of 6.16%.

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.