ORG Partners LLC Acquires 7,519 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

ORG Partners LLC grew its holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 118.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,841 shares of the company’s stock after buying an additional 7,519 shares during the quarter. ORG Partners LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $378,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FALN. Insight Wealth Partners LLC increased its position in iShares Fallen Angels USD Bond ETF by 0.5% in the 2nd quarter. Insight Wealth Partners LLC now owns 101,950 shares of the company’s stock valued at $2,670,000 after acquiring an additional 482 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in shares of iShares Fallen Angels USD Bond ETF by 6.2% in the first quarter. Avantax Advisory Services Inc. now owns 9,484 shares of the company’s stock valued at $255,000 after purchasing an additional 553 shares in the last quarter. Invst LLC raised its position in iShares Fallen Angels USD Bond ETF by 3.7% in the 2nd quarter. Invst LLC now owns 17,461 shares of the company’s stock worth $454,000 after purchasing an additional 630 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings 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 buying an additional 666 shares in the last quarter. Finally, Wealth Advisory Solutions LLC boosted its position in iShares Fallen Angels USD Bond ETF by 1.5% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 49,380 shares of the company’s stock valued at $1,293,000 after buying an additional 727 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Performance

FALN stock opened at $27.11 on Tuesday. The business has a fifty day moving average of $27.09 and a 200-day moving average of $26.66. iShares Fallen Angels USD Bond ETF has a twelve month low of $24.12 and a twelve month high of $27.43.

iShares Fallen Angels USD Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1348 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.