82,839 Shares in iShares Fallen Angels USD Bond ETF $FALN Acquired by Liberty Atlantic Advisors LLC

Liberty Atlantic Advisors LLC bought a new position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 82,839 shares of the company’s stock, valued at approximately $2,262,000. iShares Fallen Angels USD Bond ETF accounts for about 2.2% of Liberty Atlantic Advisors LLC’s holdings, making the stock its 12th largest position. Liberty Atlantic Advisors LLC owned about 0.12% of iShares Fallen Angels USD Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 14.7% in the 3rd quarter. Bank of America Corp DE now owns 6,877,280 shares of the company’s stock valued at $191,051,000 after buying an additional 883,753 shares during the period. State of Tennessee Department of Treasury boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 20.5% in the 2nd quarter. State of Tennessee Department of Treasury now owns 3,428,800 shares of the company’s stock valued at $93,058,000 after buying an additional 582,591 shares during the period. Allworth Financial LP boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 4.0% in the 3rd quarter. Allworth Financial LP now owns 1,332,768 shares of the company’s stock valued at $37,024,000 after buying an additional 51,119 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 2,741.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,304,419 shares of the company’s stock valued at $36,237,000 after buying an additional 1,258,507 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of iShares Fallen Angels USD Bond ETF by 722.5% in the 3rd quarter. Invesco Ltd. now owns 1,057,850 shares of the company’s stock valued at $29,387,000 after buying an additional 929,241 shares during the period.

iShares Fallen Angels USD Bond ETF Trading Up 0.3%

Shares of FALN opened at $27.02 on Wednesday. The stock has a 50-day simple moving average of $27.03 and a 200-day simple moving average of $27.30. iShares Fallen Angels USD Bond ETF has a 1 year low of $26.06 and a 1 year high of $27.79.

iShares Fallen Angels USD Bond ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st will be paid a $0.1516 dividend. The ex-dividend date is Friday, May 1st.

iShares Fallen Angels USD Bond ETF Company Profile

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.