iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Stock Position Boosted by Continuum Wealth Advisors LLC

Continuum Wealth Advisors LLC boosted its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 4.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 169,433 shares of the company’s stock after buying an additional 6,502 shares during the period. iShares Fallen Angels USD Bond ETF accounts for 2.3% of Continuum Wealth Advisors LLC’s portfolio, making the stock its 12th biggest holding. Continuum Wealth Advisors LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $4,526,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in FALN. Private Advisor Group LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF by 70.6% during the 3rd quarter. Private Advisor Group LLC now owns 17,134 shares of the company’s stock valued at $468,000 after purchasing an additional 7,092 shares in the last quarter. PFG Investments LLC purchased a new stake in iShares Fallen Angels USD Bond ETF during the third quarter valued at about $377,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 3.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 35,495 shares of the company’s stock worth $970,000 after purchasing an additional 1,106 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of iShares Fallen Angels USD Bond ETF by 12.0% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,946 shares of the company’s stock worth $791,000 after purchasing an additional 3,097 shares in the last quarter. Finally, Diversify Wealth Management LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF by 7.0% in the third quarter. Diversify Wealth Management LLC now owns 167,189 shares of the company’s stock worth $4,506,000 after purchasing an additional 10,976 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

NASDAQ FALN opened at $26.93 on Tuesday. The company has a 50 day simple moving average of $26.90 and a 200-day simple moving average of $27.03. iShares Fallen Angels USD Bond ETF has a 52-week low of $25.90 and a 52-week high of $27.43.

iShares Fallen Angels USD Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1433 per share. 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.

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.