Atria Investments Inc Has $567,000 Position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Atria Investments Inc lowered its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 47.8% during the third quarter, Holdings Channel reports. The institutional investor owned 20,752 shares of the company’s stock after selling 19,028 shares during the quarter. Atria Investments Inc’s holdings in iShares Fallen Angels USD Bond ETF were worth $567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Executive Wealth Management LLC raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 10.6% in the third quarter. Executive Wealth Management LLC now owns 324,004 shares of the company’s stock valued at $8,858,000 after buying an additional 31,055 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of iShares Fallen Angels USD Bond ETF during the 3rd quarter worth about $235,000. HF Advisory Group LLC grew its position in shares of iShares Fallen Angels USD Bond ETF by 4.8% in the 3rd quarter. HF Advisory Group LLC now owns 159,090 shares of the company’s stock valued at $4,350,000 after purchasing an additional 7,352 shares during the period. Glassy Mountain Advisors Inc. grew its position in shares of iShares Fallen Angels USD Bond ETF by 2.9% in the 3rd quarter. Glassy Mountain Advisors Inc. now owns 108,899 shares of the company’s stock valued at $2,977,000 after purchasing an additional 3,076 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in iShares Fallen Angels USD Bond ETF by 16.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 48,547 shares of the company’s stock worth $1,327,000 after acquiring an additional 6,957 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Trading Up 0.1 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $27.07 on Wednesday. iShares Fallen Angels USD Bond ETF has a 12-month low of $25.45 and a 12-month high of $27.43. The business’s 50 day moving average is $27.13 and its 200-day moving average is $26.78.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.1409 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 6.25%. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Friday, November 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.