WINTON GROUP Ltd Acquires New Shares in iShares Fallen Angels USD Bond ETF $FALN

WINTON GROUP Ltd bought a new stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 20,101 shares of the company’s stock, valued at approximately $548,000.

Several other institutional investors have also recently made changes to their positions in FALN. NewEdge Advisors LLC grew its position in shares of iShares Fallen Angels USD Bond ETF by 38.4% in the second quarter. NewEdge Advisors LLC now owns 73,149 shares of the company’s stock valued at $1,993,000 after purchasing an additional 20,311 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of iShares Fallen Angels USD Bond ETF during the 2nd quarter valued at $225,000. Hyundai Investments Co. Ltd. lifted its holdings in iShares Fallen Angels USD Bond ETF by 91.7% during the 2nd quarter. Hyundai Investments Co. Ltd. now owns 24,116 shares of the company’s stock worth $657,000 after purchasing an additional 11,537 shares in the last quarter. Capital Wealth Management LLC lifted its holdings in iShares Fallen Angels USD Bond ETF by 9.3% during the 2nd quarter. Capital Wealth Management LLC now owns 266,540 shares of the company’s stock worth $7,261,000 after purchasing an additional 22,743 shares in the last quarter. Finally, HF Advisory Group LLC boosted its stake in iShares Fallen Angels USD Bond ETF by 9.4% in the 2nd quarter. HF Advisory Group LLC now owns 294,108 shares of the company’s stock worth $8,012,000 after purchasing an additional 25,308 shares during the period.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of NASDAQ FALN opened at $26.39 on Wednesday. iShares Fallen Angels USD Bond ETF has a 52 week low of $26.37 and a 52 week high of $27.79. The business has a 50-day simple moving average of $26.94 and a two-hundred day simple moving average of $27.00.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.1425 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend was Tuesday, September 1st.

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.