Flow Traders U.S. LLC Invests $200,000 in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Flow Traders U.S. LLC bought a new position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Get Rating) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,389 shares of the company’s stock, valued at approximately $200,000.

Several other hedge funds have also recently modified their holdings of the stock. CFS Investment Advisory Services LLC increased its position in iShares Fallen Angels USD Bond ETF by 1,407.2% during the third quarter. CFS Investment Advisory Services LLC now owns 3,409,693 shares of the company’s stock valued at $143,000 after acquiring an additional 3,183,471 shares during the last quarter. Jane Street Group LLC grew its holdings in iShares Fallen Angels USD Bond ETF by 177.7% during the 1st quarter. Jane Street Group LLC now owns 3,791,552 shares of the company’s stock worth $105,253,000 after acquiring an additional 2,426,217 shares in the last quarter. SCS Capital Management LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 29.8% during the second quarter. SCS Capital Management LLC now owns 2,481,227 shares of the company’s stock valued at $61,088,000 after buying an additional 569,213 shares during the last quarter. Mather Group LLC. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 15.9% during the second quarter. Mather Group LLC. now owns 3,744,665 shares of the company’s stock valued at $92,193,000 after buying an additional 512,818 shares during the last quarter. Finally, Ronald Blue Trust Inc. purchased a new stake in shares of iShares Fallen Angels USD Bond ETF during the second quarter valued at about $11,185,000.

iShares Fallen Angels USD Bond ETF Stock Down 0.7 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $24.66 on Friday. The company has a 50 day moving average price of $25.20 and a 200 day moving average price of $24.78. iShares Fallen Angels USD Bond ETF has a 52 week low of $23.41 and a 52 week high of $27.86.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd were paid a $0.111 dividend. The ex-dividend date was Wednesday, March 1st. This represents a $1.33 dividend on an annualized basis and a yield of 5.40%.

iShares Fallen Angels USD Bond ETF Company Profile

(Get Rating)

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.