Assetmark Inc. Increases Stock Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Assetmark Inc. lifted its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALNGet Rating) by 9.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,551 shares of the company’s stock after buying an additional 1,834 shares during the quarter. Assetmark Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $515,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Koshinski Asset Management Inc. purchased a new stake in shares of iShares Fallen Angels USD Bond ETF during the 3rd quarter valued at about $211,000. Absolute Capital Management LLC purchased a new stake in shares of iShares Fallen Angels USD Bond ETF during the 3rd quarter valued at about $77,000. Capital Analysts LLC purchased a new stake in shares of iShares Fallen Angels USD Bond ETF during the 2nd quarter valued at about $107,000. Harvest Group Wealth Management LLC acquired a new stake in iShares Fallen Angels USD Bond ETF during the 2nd quarter valued at approximately $148,000. Finally, BNP Paribas Arbitrage SA acquired a new stake in iShares Fallen Angels USD Bond ETF during the 1st quarter valued at approximately $161,000.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of NASDAQ FALN opened at $25.42 on Friday. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $23.41 and a fifty-two week high of $29.42. The business has a 50 day moving average price of $24.85 and a two-hundred day moving average price of $24.82.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 21st. Shareholders of record on Friday, December 16th were paid a dividend of $0.106 per share. The ex-dividend date of this dividend was Thursday, December 15th. This represents a $1.27 dividend on an annualized basis and a yield of 5.00%.

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Institutional Ownership by Quarter for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

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