iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Holdings Boosted by Iams Wealth Management LLC

Iams Wealth Management LLC lifted its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,229 shares of the company’s stock after purchasing an additional 2,580 shares during the quarter. Iams Wealth Management LLC owned 0.06% of iShares Fallen Angels USD Bond ETF worth $1,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Fallen Angels USD Bond ETF Trading Down 0.2 %

NASDAQ:FALN opened at $27.09 on Wednesday. iShares Fallen Angels USD Bond ETF has a 1 year low of $25.90 and a 1 year high of $27.43. The firm has a 50 day moving average of $26.96 and a 200-day moving average of $26.98.

iShares Fallen Angels USD Bond ETF Cuts Dividend

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

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.