iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Bought by Mount Lucas Management LP

Mount Lucas Management LP lifted its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 3.3% during the fourth quarter, HoldingsChannel reports. The fund owned 68,023 shares of the company’s stock after acquiring an additional 2,166 shares during the quarter. Mount Lucas Management LP’s holdings in iShares Fallen Angels USD Bond ETF were worth $1,817,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in iShares Fallen Angels USD Bond ETF during the 3rd quarter worth approximately $55,000. Oak Grove Capital LLC purchased a new stake in shares of iShares Fallen Angels USD Bond ETF in the fourth quarter valued at approximately $200,000. Cornerstone Wealth Management LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the fourth quarter worth $204,000. Wrapmanager Inc. purchased a new position in iShares Fallen Angels USD Bond ETF in the fourth quarter worth $227,000. Finally, Copperleaf Capital LLC acquired a new stake in iShares Fallen Angels USD Bond ETF in the fourth quarter valued at $229,000.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of NASDAQ FALN opened at $26.99 on Monday. iShares Fallen Angels USD Bond ETF has a one year low of $25.90 and a one year high of $27.43. The company’s fifty day moving average is $26.94 and its two-hundred day moving average is $27.04.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1372 per share. The ex-dividend date of this dividend was Monday, March 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.