Insight Wealth Partners LLC Buys 5,555 Shares of iShares Fallen Angels USD Bond ETF $FALN

Insight Wealth Partners LLC grew its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 4.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,016 shares of the company’s stock after purchasing an additional 5,555 shares during the quarter. iShares Fallen Angels USD Bond ETF makes up approximately 1.4% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 14th largest holding. Insight Wealth Partners LLC owned approximately 0.20% of iShares Fallen Angels USD Bond ETF worth $3,637,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Glassy Mountain Advisors Inc. increased its stake in shares of iShares Fallen Angels USD Bond ETF by 0.3% in the 1st quarter. Glassy Mountain Advisors Inc. now owns 120,139 shares of the company’s stock valued at $3,219,000 after acquiring an additional 403 shares in the last quarter. Strategic Investment Solutions Inc. IL lifted its position in shares of iShares Fallen Angels USD Bond ETF by 26.8% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 1,904 shares of the company’s stock valued at $51,000 after acquiring an additional 403 shares during the period. Compound Planning Inc. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 4.9% during the 1st quarter. Compound Planning Inc. now owns 10,318 shares of the company’s stock valued at $276,000 after acquiring an additional 483 shares during the period. Wolff Wiese Magana LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 86.9% during the 2nd quarter. Wolff Wiese Magana LLC now owns 1,125 shares of the company’s stock valued at $31,000 after acquiring an additional 523 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 1.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 42,027 shares of the company’s stock valued at $1,126,000 after acquiring an additional 552 shares during the period.

iShares Fallen Angels USD Bond ETF Trading Up 0.4%

iShares Fallen Angels USD Bond ETF stock opened at $27.68 on Friday. iShares Fallen Angels USD Bond ETF has a 12-month low of $24.82 and a 12-month high of $27.79. The firm’s fifty day moving average is $27.50 and its 200 day moving average is $26.92.

iShares Fallen Angels USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.1435 per share. This is a boost from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.2%.

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.