Rockefeller Capital Management L.P. Has $409,000 Stock Position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Rockefeller Capital Management L.P. decreased its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 24.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,973 shares of the company’s stock after selling 4,835 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares Fallen Angels USD Bond ETF were worth $409,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FALN. Mather Group LLC. raised its position in iShares Fallen Angels USD Bond ETF by 27.0% during the third quarter. Mather Group LLC. now owns 8,991,241 shares of the company’s stock valued at $245,821,000 after purchasing an additional 1,913,910 shares in the last quarter. Angeles Investment Advisors LLC raised its position in iShares Fallen Angels USD Bond ETF by 39.8% in the third quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock worth $35,389,000 after acquiring an additional 368,400 shares during the period. Toews Corp ADV bought a new position in shares of iShares Fallen Angels USD Bond ETF in the second quarter worth about $6,927,000. OneDigital Investment Advisors LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF by 53.0% during the third quarter. OneDigital Investment Advisors LLC now owns 602,539 shares of the company’s stock worth $16,473,000 after acquiring an additional 208,699 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 385.1% in the second quarter. Strategic Financial Concepts LLC now owns 222,350 shares of the company’s stock worth $58,000 after buying an additional 176,515 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

Shares of NASDAQ:FALN opened at $27.22 on Wednesday. iShares Fallen Angels USD Bond ETF has a 52 week low of $25.81 and a 52 week high of $27.43. The firm has a fifty day simple moving average of $27.09 and a two-hundred day simple moving average of $26.86.

iShares Fallen Angels USD Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were issued a dividend of $0.1372 per share. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, December 2nd.

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.