Dohj LLC Acquires Shares of 89,563 iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Dohj LLC bought a new stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 89,563 shares of the company’s stock, valued at approximately $2,364,000.

Other institutional investors have also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Fallen Angels USD Bond ETF during the 3rd quarter valued at about $27,000. Private Trust Co. NA grew its position in shares of iShares Fallen Angels USD Bond ETF by 19.6% during the 4th quarter. Private Trust Co. NA now owns 3,290 shares of the company’s stock valued at $87,000 after acquiring an additional 540 shares during the period. Consultiva Wealth Management CORP. acquired a new stake in iShares Fallen Angels USD Bond ETF in the 3rd quarter worth about $98,000. Tennessee Valley Asset Management Partners acquired a new stake in iShares Fallen Angels USD Bond ETF in the 4th quarter worth about $149,000. Finally, Provence Wealth Management Group acquired a new stake in iShares Fallen Angels USD Bond ETF in the 3rd quarter worth about $150,000.

iShares Fallen Angels USD Bond ETF Trading Up 0.2 %

FALN stock traded up $0.06 during trading on Friday, hitting $26.23. The stock had a trading volume of 525,150 shares, compared to its average volume of 779,859. iShares Fallen Angels USD Bond ETF has a twelve month low of $24.12 and a twelve month high of $26.92. The company’s 50-day moving average price is $26.51 and its two-hundred day moving average price is $26.07.

iShares Fallen Angels USD Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.1692 dividend. This represents a $2.03 annualized dividend and a yield of 7.74%. The ex-dividend date of this dividend was Monday, April 1st.

iShares Fallen Angels USD Bond ETF 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.