iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lifted its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 40.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,049 shares of the company’s stock after acquiring an additional 8,400 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $776,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 27.0% during the 3rd quarter. Mather Group LLC. now owns 8,991,241 shares of the company’s stock worth $245,821,000 after buying an additional 1,913,910 shares during the last quarter. Angeles Investment Advisors LLC lifted its position in iShares Fallen Angels USD Bond ETF by 39.8% in the third quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock valued at $35,389,000 after acquiring an additional 368,400 shares during the last quarter. Allworth Financial LP boosted its stake in iShares Fallen Angels USD Bond ETF by 1.3% in the third quarter. Allworth Financial LP now owns 1,128,492 shares of the company’s stock valued at $30,853,000 after acquiring an additional 13,997 shares in the last quarter. ESL Trust Services LLC grew its holdings in shares of iShares Fallen Angels USD Bond ETF by 0.4% during the third quarter. ESL Trust Services LLC now owns 1,115,111 shares of the company’s stock worth $30,487,000 after purchasing an additional 4,218 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its position in shares of iShares Fallen Angels USD Bond ETF by 52.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock worth $22,746,000 after purchasing an additional 287,900 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

iShares Fallen Angels USD Bond ETF stock opened at $27.10 on Monday. The stock has a 50-day simple moving average of $26.96 and a 200-day simple moving average of $26.97. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $25.90 and a fifty-two week high of $27.43.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.1371 dividend. This represents a $1.64 annualized dividend and a dividend yield of 6.07%. The ex-dividend date was Wednesday, December 18th.

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.