AE Wealth Management LLC Sells 1,504 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

AE Wealth Management LLC lessened its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 4.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 35,413 shares of the company’s stock after selling 1,504 shares during the period. AE Wealth Management LLC owned 0.06% of iShares Fallen Angels USD Bond ETF worth $927,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Insight Wealth Partners LLC raised its position in iShares Fallen Angels USD Bond ETF by 0.5% in the 2nd quarter. Insight Wealth Partners LLC now owns 101,950 shares of the company’s stock worth $2,670,000 after purchasing an additional 482 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 6.2% during the first quarter. Avantax Advisory Services Inc. now owns 9,484 shares of the company’s stock valued at $255,000 after acquiring an additional 553 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 3.9% during the second quarter. Dynamic Advisor Solutions LLC now owns 17,928 shares of the company’s stock valued at $470,000 after acquiring an additional 666 shares during the period. Wealth Advisory Solutions LLC boosted its holdings in iShares Fallen Angels USD Bond ETF by 1.5% in the second quarter. Wealth Advisory Solutions LLC now owns 49,380 shares of the company’s stock valued at $1,293,000 after acquiring an additional 727 shares during the last quarter. Finally, Absolute Capital Management LLC increased its position in iShares Fallen Angels USD Bond ETF by 9.1% in the first quarter. Absolute Capital Management LLC now owns 8,786 shares of the company’s stock worth $236,000 after purchasing an additional 731 shares during the period.

iShares Fallen Angels USD Bond ETF Price Performance

Shares of NASDAQ:FALN opened at $27.31 on Thursday. iShares Fallen Angels USD Bond ETF has a 1-year low of $24.12 and a 1-year high of $27.43. The business has a 50-day moving average price of $26.94 and a two-hundred day moving average price of $26.61.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1348 dividend. The ex-dividend date of this dividend was Tuesday, September 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.