Envestnet Portfolio Solutions Inc. lowered its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report) by 22.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 162,094 shares of the company’s stock after selling 46,641 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.24% of iShares Fallen Angels USD Bond ETF worth $4,399,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in FALN. Jane Street Group LLC bought a new stake in iShares Fallen Angels USD Bond ETF in the 1st quarter worth $15,306,000. Mather Group LLC. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 5.9% in the 1st quarter. Mather Group LLC. now owns 10,133,769 shares of the company’s stock worth $271,484,000 after purchasing an additional 567,034 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 29.9% in the 1st quarter. Ameriprise Financial Inc. now owns 2,068,827 shares of the company’s stock worth $55,448,000 after purchasing an additional 476,097 shares during the period. Independence Financial Advisors LLC purchased a new stake in shares of iShares Fallen Angels USD Bond ETF in the 1st quarter worth about $11,952,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 16.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,507,567 shares of the company’s stock worth $67,178,000 after purchasing an additional 350,001 shares during the period.
iShares Fallen Angels USD Bond ETF Stock Up 0.3%
NASDAQ:FALN opened at $27.59 on Thursday. The company has a 50-day moving average price of $27.44 and a 200-day moving average price of $26.85. iShares Fallen Angels USD Bond ETF has a 12 month low of $24.82 and a 12 month high of $27.79.
iShares Fallen Angels USD Bond ETF Increases Dividend
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.
Featured Articles
- Five stocks we like better than iShares Fallen Angels USD Bond ETF
- Conference Calls and Individual Investors
- Palantir’s New Healthcare Deal Boosts AI and Data Reach
- How to Evaluate a Stock Before Buying
- GM’s Billion-Dollar Bruise: GM’s Strategic Pivot Makes It a Buy
- Using the MarketBeat Dividend Yield Calculator
- Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead
Want to see what other hedge funds are holding FALN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report).
Receive News & Ratings for iShares Fallen Angels USD Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Fallen Angels USD Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.