Climber Capital SA Purchases Shares of 9,090 iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Climber Capital SA acquired a new position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 9,090 shares of the company’s stock, valued at approximately $243,000.

Several other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares Fallen Angels USD Bond ETF during the third quarter valued at $55,000. Oak Grove Capital LLC purchased a new stake in iShares Fallen Angels USD Bond ETF in the 4th quarter worth about $200,000. Cornerstone Wealth Management LLC acquired a new stake in iShares Fallen Angels USD Bond ETF during the 4th quarter worth about $204,000. Wrapmanager Inc. purchased a new stake in shares of iShares Fallen Angels USD Bond ETF in the fourth quarter worth approximately $227,000. Finally, Copperleaf Capital LLC acquired a new position in shares of iShares Fallen Angels USD Bond ETF in the fourth quarter worth $229,000.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of NASDAQ FALN opened at $26.76 on Thursday. iShares Fallen Angels USD Bond ETF has a one year low of $25.90 and a one year high of $27.43. The business’s 50-day moving average price is $26.96 and its two-hundred day moving average price is $27.01.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be issued a $0.1408 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $1.69 dividend on an annualized basis and a yield of 6.31%. This is an increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14.

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.