Ashton Thomas Securities LLC Makes New $2.17 Million Investment in iShares Fallen Angels USD Bond ETF $FALN

Ashton Thomas Securities LLC acquired a new stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 78,052 shares of the company’s stock, valued at approximately $2,169,000. Ashton Thomas Securities LLC owned 0.12% of iShares Fallen Angels USD Bond ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FALN. Wolff Wiese Magana LLC grew its position in iShares Fallen Angels USD Bond ETF by 86.9% during the second quarter. Wolff Wiese Magana LLC now owns 1,125 shares of the company’s stock valued at $31,000 after buying an additional 523 shares during the period. CoreCap Advisors LLC boosted its stake in iShares Fallen Angels USD Bond ETF by 72.4% in the third quarter. CoreCap Advisors LLC now owns 1,179 shares of the company’s stock valued at $33,000 after acquiring an additional 495 shares during the last quarter. Private Trust Co. NA boosted its stake in iShares Fallen Angels USD Bond ETF by 41.0% in the second quarter. Private Trust Co. NA now owns 3,101 shares of the company’s stock valued at $84,000 after acquiring an additional 901 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its position in shares of iShares Fallen Angels USD Bond ETF by 82.4% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 3,472 shares of the company’s stock valued at $94,000 after acquiring an additional 1,568 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of iShares Fallen Angels USD Bond ETF during the 2nd quarter worth approximately $122,000.

iShares Fallen Angels USD Bond ETF Stock Down 0.1%

NASDAQ:FALN opened at $27.51 on Wednesday. The firm’s 50 day moving average is $27.38 and its 200 day moving average is $27.34. iShares Fallen Angels USD Bond ETF has a 12 month low of $24.82 and a 12 month high of $27.79.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.1466 dividend. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 6.4%. This is an increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.15.

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.