Fulcrum Equity Management Buys 12,526 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Fulcrum Equity Management increased its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 113.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,602 shares of the company’s stock after purchasing an additional 12,526 shares during the period. Fulcrum Equity Management’s holdings in iShares Fallen Angels USD Bond ETF were worth $599,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of iShares Fallen Angels USD Bond ETF by 177.7% during the 1st quarter. Jane Street Group LLC now owns 3,791,552 shares of the company’s stock valued at $105,253,000 after acquiring an additional 2,426,217 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of iShares Fallen Angels USD Bond ETF by 1,374.2% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 1,720,400 shares of the company’s stock valued at $43,475,000 after acquiring an additional 1,603,700 shares during the last quarter. Parcion Private Wealth LLC raised its position in shares of iShares Fallen Angels USD Bond ETF by 121.7% during the 4th quarter. Parcion Private Wealth LLC now owns 1,453,387 shares of the company’s stock valued at $35,768,000 after acquiring an additional 797,760 shares during the last quarter. Mather Group LLC. raised its position in shares of iShares Fallen Angels USD Bond ETF by 17.9% during the 4th quarter. Mather Group LLC. now owns 5,023,785 shares of the company’s stock valued at $123,635,000 after acquiring an additional 762,473 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of iShares Fallen Angels USD Bond ETF by 38.1% during the 1st quarter. Bank of America Corp DE now owns 2,301,475 shares of the company’s stock valued at $58,158,000 after acquiring an additional 635,253 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Trading Down 0.2 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $25.27 on Friday. The firm has a fifty day moving average of $25.27 and a two-hundred day moving average of $25.10. iShares Fallen Angels USD Bond ETF has a 52 week low of $23.41 and a 52 week high of $25.86.

iShares Fallen Angels USD Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Tuesday, September 5th were given a dividend of $0.116 per share. This represents a $1.39 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend was Friday, September 1st.

About iShares Fallen Angels USD Bond ETF

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.