Allworth Financial LP Has $37.02 Million Holdings in iShares Fallen Angels USD Bond ETF $FALN

Allworth Financial LP grew its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,332,768 shares of the company’s stock after buying an additional 51,119 shares during the quarter. Allworth Financial LP owned approximately 2.01% of iShares Fallen Angels USD Bond ETF worth $37,024,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of FALN. Ashton Thomas Securities LLC bought a new stake in shares of iShares Fallen Angels USD Bond ETF during the third quarter worth $2,169,000. Orion Porfolio Solutions LLC increased its stake in shares of iShares Fallen Angels USD Bond ETF by 102.6% in the second quarter. Orion Porfolio Solutions LLC now owns 65,320 shares of the company’s stock valued at $1,773,000 after buying an additional 33,082 shares in the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 49.2% in the second quarter. Baker Avenue Asset Management LP now owns 323,024 shares of the company’s stock valued at $8,767,000 after buying an additional 106,505 shares during the last quarter. Transamerica Financial Advisors LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the 2nd quarter worth about $5,096,000. Finally, Independence Financial Advisors LLC lifted its position in iShares Fallen Angels USD Bond ETF by 175.1% during the 3rd quarter. Independence Financial Advisors LLC now owns 451,249 shares of the company’s stock worth $12,536,000 after buying an additional 287,244 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

Shares of NASDAQ:FALN opened at $26.70 on Thursday. iShares Fallen Angels USD Bond ETF has a 12 month low of $24.82 and a 12 month high of $27.79. The company’s 50-day moving average price is $27.40 and its two-hundred day moving average price is $27.44.

iShares Fallen Angels USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1506 per share. This represents a c) annualized dividend and a dividend yield of 6.8%. This is an increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, March 2nd.

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.