Money Concepts Capital Corp Acquires 860 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Money Concepts Capital Corp grew its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 9.3% during the fourth quarter, Holdings Channel reports. The firm owned 10,145 shares of the company’s stock after purchasing an additional 860 shares during the period. Money Concepts Capital Corp’s holdings in iShares Fallen Angels USD Bond ETF were worth $271,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Mather Group LLC. raised its holdings in iShares Fallen Angels USD Bond ETF by 6.4% in the 4th quarter. Mather Group LLC. now owns 9,566,735 shares of the company’s stock worth $255,528,000 after acquiring an additional 575,494 shares during the period. Angeles Investment Advisors LLC raised its holdings in iShares Fallen Angels USD Bond ETF by 39.8% in the 3rd 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. Allworth Financial LP raised its holdings in iShares Fallen Angels USD Bond ETF by 1.3% in the 3rd quarter. Allworth Financial LP now owns 1,128,492 shares of the company’s stock worth $30,853,000 after acquiring an additional 13,997 shares during the period. ESL Trust Services LLC raised its holdings in iShares Fallen Angels USD Bond ETF by 0.4% in the 3rd quarter. ESL Trust Services LLC now owns 1,115,111 shares of the company’s stock worth $30,487,000 after acquiring an additional 4,218 shares during the period. Finally, Nomura Asset Management Co. Ltd. raised its holdings in iShares Fallen Angels USD Bond ETF by 52.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock worth $22,746,000 after acquiring an additional 287,900 shares during the period.

iShares Fallen Angels USD Bond ETF Trading Down 0.1 %

Shares of FALN opened at $27.03 on Friday. iShares Fallen Angels USD Bond ETF has a one year low of $25.90 and a one year high of $27.43. The company’s fifty day moving average price is $26.95 and its 200 day moving average price is $27.00.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1433 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14.

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.