iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Purchased by ORG Partners LLC

ORG Partners LLC lifted its holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 163.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,446 shares of the company’s stock after acquiring an additional 22,605 shares during the period. ORG Partners LLC owned approximately 0.05% of iShares Fallen Angels USD Bond ETF worth $973,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Western Financial Corp CA increased its holdings in iShares Fallen Angels USD Bond ETF by 1.5% in the 3rd quarter. Western Financial Corp CA now owns 25,771 shares of the company’s stock valued at $705,000 after purchasing an additional 390 shares in the last quarter. Virtue Capital Management LLC grew its stake in shares of iShares Fallen Angels USD Bond ETF by 0.6% in the third quarter. Virtue Capital Management LLC now owns 70,213 shares of the company’s stock valued at $1,920,000 after buying an additional 401 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 19,733 shares of the company’s stock valued at $540,000 after buying an additional 415 shares during the period. Invst LLC boosted its holdings in iShares Fallen Angels USD Bond ETF by 3.7% in the 2nd quarter. Invst LLC now owns 17,461 shares of the company’s stock worth $454,000 after acquiring an additional 630 shares during the period. Finally, LexAurum Advisors LLC grew its position in iShares Fallen Angels USD Bond ETF by 3.3% in the third quarter. LexAurum Advisors LLC now owns 24,444 shares of the company’s stock valued at $668,000 after acquiring an additional 776 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

NASDAQ FALN opened at $26.69 on Friday. The company’s fifty day simple moving average is $26.98 and its 200-day simple moving average is $26.92. iShares Fallen Angels USD Bond ETF has a 52 week low of $25.90 and a 52 week high of $27.43.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.1371 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.64 dividend on an annualized basis and a yield of 6.16%.

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.