75,889 Shares of iShares Fallen Angels USD Bond ETF $FALN Acquired by FOCUS Wealth Advisors LLC

FOCUS Wealth Advisors LLC acquired a new stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 75,889 shares of the company’s stock, valued at approximately $1,968,000.

Several other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 38.4% in the 2nd quarter. NewEdge Advisors LLC now owns 73,149 shares of the company’s stock worth $1,993,000 after purchasing an additional 20,311 shares during the period. Integrity Wealth Advisors Inc. boosted its position in iShares Fallen Angels USD Bond ETF by 613.0% during the 4th quarter. Integrity Wealth Advisors Inc. now owns 54,510 shares of the company’s stock valued at $1,503,000 after acquiring an additional 46,865 shares in the last quarter. WINTON GROUP Ltd purchased a new position in shares of iShares Fallen Angels USD Bond ETF in the 2nd quarter worth approximately $548,000. Gateway Wealth Partners LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the 1st quarter valued at about $567,000. Finally, Independence Financial Advisors LLC lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 8.6% during the third quarter. Independence Financial Advisors LLC now owns 278,978 shares of the company’s stock worth $7,234,000 after buying an additional 22,023 shares during the period.

iShares Fallen Angels USD Bond ETF Price Performance

NASDAQ:FALN traded down $0.07 during midday trading on Wednesday, hitting $25.83. The company’s stock had a trading volume of 1,014,279 shares, compared to its average volume of 1,036,360. The firm’s 50 day moving average is $26.58 and its 200-day moving average is $26.87. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $25.61 and a fifty-two week high of $27.77.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.1471 dividend. The ex-dividend date was Thursday, October 1st. This represents a $1.77 annualized dividend and a dividend yield of 6.8%. This is an increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.1425.

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.