iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Shares Sold by Parcion Private Wealth LLC

Parcion Private Wealth LLC reduced its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 4.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,193 shares of the company’s stock after selling 2,176 shares during the quarter. Parcion Private Wealth LLC owned 0.08% of iShares Fallen Angels USD Bond ETF worth $1,262,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the fourth quarter worth $33,000. PNC Financial Services Group Inc. increased its position in iShares Fallen Angels USD Bond ETF by 143.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,323 shares of the company’s stock worth $88,000 after buying an additional 1,957 shares during the last quarter. Consultiva Wealth Management CORP. acquired a new position in iShares Fallen Angels USD Bond ETF during the first quarter worth $106,000. Scarborough Advisors LLC acquired a new position in iShares Fallen Angels USD Bond ETF during the fourth quarter worth $115,000. Finally, First Horizon Advisors Inc. increased its position in iShares Fallen Angels USD Bond ETF by 102.0% during the second quarter. First Horizon Advisors Inc. now owns 5,277 shares of the company’s stock worth $138,000 after buying an additional 2,665 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Down 0.2 %

FALN stock traded down $0.05 during mid-day trading on Friday, reaching $27.06. 887,538 shares of the stock traded hands, compared to its average volume of 717,269. iShares Fallen Angels USD Bond ETF has a 52 week low of $24.12 and a 52 week high of $27.23. The business has a 50-day moving average of $26.72 and a two-hundred day moving average of $26.55.

iShares Fallen Angels USD Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1348 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.