Parcion Private Wealth LLC Increases Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Parcion Private Wealth LLC lifted its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 24.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,198 shares of the company’s stock after acquiring an additional 14,184 shares during the quarter. Parcion Private Wealth LLC owned 0.10% of iShares Fallen Angels USD Bond ETF worth $1,902,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mather Group LLC. raised its holdings in iShares Fallen Angels USD Bond ETF by 6.4% in the 4th quarter. Mather Group LLC. now owns 9,566,735 shares of the company’s stock valued at $255,528,000 after acquiring an additional 575,494 shares during the last quarter. Angeles Investment Advisors LLC boosted its position in iShares Fallen Angels USD Bond ETF by 39.8% during the 3rd quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock worth $35,389,000 after purchasing an additional 368,400 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in iShares Fallen Angels USD Bond ETF by 52.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock valued at $22,746,000 after buying an additional 287,900 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new position in iShares Fallen Angels USD Bond ETF in the 4th quarter valued at about $6,151,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of iShares Fallen Angels USD Bond ETF in the 4th quarter valued at about $5,839,000.

iShares Fallen Angels USD Bond ETF Stock Performance

Shares of iShares Fallen Angels USD Bond ETF stock opened at $27.02 on Thursday. iShares Fallen Angels USD Bond ETF has a 1 year low of $25.90 and a 1 year high of $27.43. The firm’s 50-day simple moving average is $26.90 and its 200-day simple moving average is $27.02.

iShares Fallen Angels USD Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1433 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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.