iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by Bank of New Hampshire

Bank of New Hampshire lessened its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 7.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 20,497 shares of the company’s stock after selling 1,697 shares during the period. Bank of New Hampshire’s holdings in iShares Fallen Angels USD Bond ETF were worth $551,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. PNC Financial Services Group Inc. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 143.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,323 shares of the company’s stock valued at $88,000 after acquiring an additional 1,957 shares in the last quarter. Financial Life Advisors lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 60.1% in the fourth quarter. Financial Life Advisors now owns 65,714 shares of the company’s stock valued at $1,735,000 after purchasing an additional 24,675 shares in the last quarter. ICA Group Wealth Management LLC acquired a new stake in shares of iShares Fallen Angels USD Bond ETF in the fourth quarter worth $219,000. Scarborough Advisors LLC purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the fourth quarter valued at $115,000. Finally, D L Carlson Investment Group Inc. lifted its stake in iShares Fallen Angels USD Bond ETF by 4.5% in the 4th quarter. D L Carlson Investment Group Inc. now owns 80,282 shares of the company’s stock worth $2,131,000 after acquiring an additional 3,470 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Stock Performance

NASDAQ FALN opened at $26.42 on Friday. The stock’s 50-day moving average is $26.36 and its two-hundred day moving average is $26.46. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $24.12 and a fifty-two week high of $26.92.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a $0.1414 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.70 annualized dividend and a yield of 6.42%.

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.