Sunbelt Securities Inc. boosted its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report) by 11.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,063 shares of the company’s stock after acquiring an additional 2,575 shares during the period. Sunbelt Securities Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $683,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC bought a new stake in iShares Fallen Angels USD Bond ETF during the fourth quarter valued at approximately $33,000. Asset Dedication LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the second quarter worth approximately $34,000. Strategic Financial Concepts LLC increased its position in iShares Fallen Angels USD Bond ETF by 385.1% during the second quarter. Strategic Financial Concepts LLC now owns 222,350 shares of the company’s stock worth $58,000 after purchasing an additional 176,515 shares during the last quarter. Bell Investment Advisors Inc acquired a new position in iShares Fallen Angels USD Bond ETF during the second quarter worth approximately $87,000. Finally, PNC Financial Services Group Inc. increased its position in shares of iShares Fallen Angels USD Bond ETF by 143.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,323 shares of the company’s stock worth $88,000 after acquiring an additional 1,957 shares in the last quarter.
iShares Fallen Angels USD Bond ETF Price Performance
iShares Fallen Angels USD Bond ETF stock opened at $27.26 on Wednesday. iShares Fallen Angels USD Bond ETF has a 52-week low of $24.12 and a 52-week high of $27.43. The firm has a fifty day moving average of $27.00 and a 200-day moving average of $26.64.
iShares Fallen Angels USD Bond ETF Dividend Announcement
iShares Fallen Angels USD Bond ETF 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.
Read More
- Five stocks we like better than iShares Fallen Angels USD Bond ETF
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Why Lennar Stock Could Be the Best Play in the Housing Market
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- 2 Energy Stocks Fueling the AI Datacenter Boom
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Receive News & Ratings for iShares Fallen Angels USD Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Fallen Angels USD Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.