Dohj LLC Boosts Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Dohj LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 19.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,411 shares of the company’s stock after acquiring an additional 17,848 shares during the period. Dohj LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $2,885,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Citigroup Inc. raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 36.0% in the third quarter. Citigroup Inc. now owns 39,445 shares of the company’s stock worth $978,000 after buying an additional 10,444 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 7.2% during the third quarter. Advisors Asset Management Inc. now owns 14,755 shares of the company’s stock worth $366,000 after purchasing an additional 995 shares during the last quarter. Scotia Capital Inc. purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the third quarter worth $217,000. Consultiva Wealth Management CORP. purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the third quarter worth $98,000. Finally, Baker Avenue Asset Management LP raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 29.7% during the third quarter. Baker Avenue Asset Management LP now owns 849,647 shares of the company’s stock worth $21,071,000 after purchasing an additional 194,338 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Down 0.1 %

FALN stock traded down $0.02 during midday trading on Friday, hitting $26.25. 300,428 shares of the stock traded hands, compared to its average volume of 723,411. The stock’s fifty day simple moving average is $26.38 and its 200-day simple moving average is $26.47. iShares Fallen Angels USD Bond ETF has a 1-year low of $24.12 and a 1-year high of $26.92.

iShares Fallen Angels USD Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a dividend of $0.1414 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $1.70 annualized dividend and a yield of 6.47%.

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.