10,152 Shares in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Acquired by VCI Wealth Management LLC

VCI Wealth Management LLC bought a new position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 10,152 shares of the company’s stock, valued at approximately $268,000.

Other institutional investors also recently bought and sold shares of the company. Mather Group LLC. raised its holdings in iShares Fallen Angels USD Bond ETF by 5.9% during the third quarter. Mather Group LLC. now owns 6,332,352 shares of the company’s stock valued at $157,042,000 after acquiring an additional 352,212 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of iShares Fallen Angels USD Bond ETF by 1.8% during the third quarter. Nomura Asset Management Co. Ltd. now owns 1,352,600 shares of the company’s stock valued at $33,544,000 after buying an additional 23,500 shares during the period. Angeles Investment Advisors LLC bought a new stake in shares of iShares Fallen Angels USD Bond ETF during the third quarter valued at approximately $26,431,000. ESL Trust Services LLC grew its holdings in iShares Fallen Angels USD Bond ETF by 2.1% in the third quarter. ESL Trust Services LLC now owns 1,023,095 shares of the company’s stock worth $25,373,000 after purchasing an additional 20,711 shares during the last quarter. Finally, Wright Fund Management LLC purchased a new stake in iShares Fallen Angels USD Bond ETF in the third quarter valued at $24,341,000.

iShares Fallen Angels USD Bond ETF Trading Up 0.2 %

Shares of iShares Fallen Angels USD Bond ETF stock traded up $0.06 during trading hours on Friday, reaching $26.23. The stock had a trading volume of 525,150 shares, compared to its average volume of 779,859. The stock’s 50 day moving average is $26.51 and its 200 day moving average is $26.05. iShares Fallen Angels USD Bond ETF has a twelve month low of $24.12 and a twelve month high of $26.92.

iShares Fallen Angels USD Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1692 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $2.03 annualized dividend and a dividend yield of 7.74%.

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.