Cornerstone Planning Group LLC Has $2.51 Million Stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Cornerstone Planning Group LLC lifted its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,557 shares of the company’s stock after buying an additional 1,786 shares during the quarter. iShares Fallen Angels USD Bond ETF comprises approximately 0.6% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 20th biggest holding. Cornerstone Planning Group LLC owned about 0.13% of iShares Fallen Angels USD Bond ETF worth $2,511,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Mather Group LLC. boosted its stake in iShares Fallen Angels USD Bond ETF by 6.4% during the 4th quarter. Mather Group LLC. now owns 9,566,735 shares of the company’s stock worth $255,528,000 after acquiring an additional 575,494 shares during the last quarter. Angeles Investment Advisors LLC boosted its stake in iShares Fallen Angels USD Bond ETF by 39.8% during the 3rd quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock worth $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% during the 3rd 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 last quarter. ESL Trust Services LLC boosted its stake in iShares Fallen Angels USD Bond ETF by 0.4% during the 3rd quarter. ESL Trust Services LLC now owns 1,115,111 shares of the company’s stock worth $30,487,000 after acquiring an additional 4,218 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its stake in iShares Fallen Angels USD Bond ETF by 52.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock worth $22,746,000 after acquiring an additional 287,900 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

iShares Fallen Angels USD Bond ETF stock opened at $26.91 on Monday. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $25.90 and a fifty-two week high of $27.43. The company’s 50 day simple moving average is $26.94 and its 200 day simple moving average is $27.00.

iShares Fallen Angels USD Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1433 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14.

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.