TRUE Private Wealth Advisors Has $520,000 Stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

TRUE Private Wealth Advisors lifted its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 75.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,369 shares of the company’s stock after buying an additional 7,472 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares Fallen Angels USD Bond ETF were worth $520,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Fallen Angels USD Bond ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 19,051,452 shares of the company’s stock valued at $570,769,000 after buying an additional 2,136,933 shares during the period. BlackRock Inc. bought a new stake in iShares Fallen Angels USD Bond ETF during the first quarter worth $152,150,000. Jane Street Group LLC bought a new position in shares of iShares Fallen Angels USD Bond ETF in the first quarter valued at about $138,457,000. Advisor Group Holdings Inc. raised its position in shares of iShares Fallen Angels USD Bond ETF by 13.8% in the second quarter. Advisor Group Holdings Inc. now owns 2,195,689 shares of the company’s stock valued at $65,800,000 after purchasing an additional 266,225 shares during the period. Finally, Morgan Stanley raised its position in shares of iShares Fallen Angels USD Bond ETF by 3,236,154.0% in the first quarter. Morgan Stanley now owns 2,038,840 shares of the company’s stock valued at $59,616,000 after purchasing an additional 2,038,777 shares during the period.

iShares Fallen Angels USD Bond ETF stock remained flat at $$30.34 during trading hours on Wednesday. 806,275 shares of the company’s stock were exchanged, compared to its average volume of 1,084,366. iShares Fallen Angels USD Bond ETF has a 12-month low of $26.92 and a 12-month high of $30.37. The stock has a fifty day moving average price of $30.10 and a 200 day moving average price of $29.66.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 8th. Investors of record on Thursday, September 2nd were issued a $0.077 dividend. The ex-dividend date of this dividend was Wednesday, September 1st. This represents a $0.92 dividend on an annualized basis and a yield of 3.05%.

Read More: Trading Stocks – What are percentage gainers?

Want to see what other hedge funds are holding FALN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN).

Institutional Ownership by Quarter for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Receive News & Ratings for iShares Fallen Angels USD Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Fallen Angels USD Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.