NTV Asset Management LLC Sells 3,000 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

NTV Asset Management LLC trimmed its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 24.5% in the 4th quarter, HoldingsChannel reports. The fund owned 9,250 shares of the company’s stock after selling 3,000 shares during the quarter. NTV Asset Management LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $247,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in shares of iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at about $55,000. Outlook Wealth Advisors LLC bought a new stake in shares of iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at approximately $203,000. Cornerstone Wealth Management LLC purchased a new position in shares of iShares Fallen Angels USD Bond ETF in the 4th quarter worth approximately $204,000. Saxony Capital Management LLC bought a new position in shares of iShares Fallen Angels USD Bond ETF during the 3rd quarter valued at approximately $208,000. Finally, Detalus Advisors LLC purchased a new stake in iShares Fallen Angels USD Bond ETF during the 3rd quarter valued at $218,000.

iShares Fallen Angels USD Bond ETF Stock Up 0.1 %

NASDAQ FALN opened at $27.02 on Tuesday. iShares Fallen Angels USD Bond ETF has a 52 week low of $25.90 and a 52 week high of $27.43. The company has a fifty day moving average of $26.92 and a two-hundred day moving average of $27.01.

iShares Fallen Angels USD Bond ETF Increases Dividend

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

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.