iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by DDFG Inc

DDFG Inc lowered its holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 11.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,642 shares of the company’s stock after selling 5,089 shares during the period. DDFG Inc owned approximately 0.05% of iShares Fallen Angels USD Bond ETF worth $1,059,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FALN. Wilmington Savings Fund Society FSB acquired a new position in iShares Fallen Angels USD Bond ETF during the 3rd quarter worth approximately $55,000. Cornerstone Wealth Management LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the 4th quarter worth approximately $204,000. Wrapmanager Inc. acquired a new position in iShares Fallen Angels USD Bond ETF during the 4th quarter worth approximately $227,000. Copperleaf Capital LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the 4th quarter worth approximately $229,000. Finally, Beacon Financial Advisory LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the 4th quarter worth approximately $234,000.

iShares Fallen Angels USD Bond ETF Trading Down 0.8 %

NASDAQ FALN opened at $26.92 on Tuesday. iShares Fallen Angels USD Bond ETF has a 52 week low of $25.90 and a 52 week high of $27.43. The firm has a 50 day moving average of $26.93 and a two-hundred day moving average of $27.04.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.1372 per share. The ex-dividend date is Monday, March 3rd.

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.