Wilian Securities LLC Makes New Investment in iShares Fallen Angels USD Bond ETF $FALN

Wilian Securities LLC purchased a new position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 39,827 shares of the company’s stock, valued at approximately $1,087,000. iShares Fallen Angels USD Bond ETF comprises 1.2% of Wilian Securities LLC’s holdings, making the stock its 24th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FALN. Royal Bank of Canada boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 32.3% during the 1st quarter. Royal Bank of Canada now owns 301,573 shares of the company’s stock valued at $8,079,000 after buying an additional 73,579 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 13.3% during the 1st quarter. NewEdge Advisors LLC now owns 14,703 shares of the company’s stock valued at $394,000 after buying an additional 1,728 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 2.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 45,912 shares of the company’s stock valued at $1,246,000 after buying an additional 1,269 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the 2nd quarter valued at approximately $255,000. Finally, Diversify Wealth Management LLC boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 3.0% during the 2nd quarter. Diversify Wealth Management LLC now owns 124,852 shares of the company’s stock valued at $3,382,000 after buying an additional 3,603 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Trading Up 0.2%

iShares Fallen Angels USD Bond ETF stock opened at $26.99 on Friday. The stock has a 50 day moving average of $26.93 and a 200-day moving average of $27.25. iShares Fallen Angels USD Bond ETF has a 52 week low of $26.26 and a 52 week high of $27.79.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.1516 per share. The ex-dividend date of this dividend was Friday, May 1st.

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.