Bank of New Hampshire Has $551,000 Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Bank of New Hampshire decreased its holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 7.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 20,497 shares of the company’s stock after selling 1,697 shares during the period. Bank of New Hampshire’s holdings in iShares Fallen Angels USD Bond ETF were worth $551,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. SouthState Corp acquired a new stake in shares of iShares Fallen Angels USD Bond ETF during the 4th quarter worth $30,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of iShares Fallen Angels USD Bond ETF in the 4th quarter valued at approximately $33,000. First Horizon Advisors Inc. boosted its position in shares of iShares Fallen Angels USD Bond ETF by 120.7% during the 4th quarter. First Horizon Advisors Inc. now owns 2,079 shares of the company’s stock worth $55,000 after acquiring an additional 1,137 shares in the last quarter. Private Trust Co. NA increased its stake in iShares Fallen Angels USD Bond ETF by 19.6% in the fourth quarter. Private Trust Co. NA now owns 3,290 shares of the company’s stock valued at $87,000 after acquiring an additional 540 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised 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 valued at $88,000 after purchasing an additional 1,957 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Price Performance

iShares Fallen Angels USD Bond ETF stock opened at $26.42 on Friday. iShares Fallen Angels USD Bond ETF has a 52 week low of $24.12 and a 52 week high of $26.92. The stock has a fifty day moving average of $26.36 and a 200-day moving average of $26.46.

iShares Fallen Angels USD Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a dividend of $0.1414 per share. This represents a $1.70 dividend on an annualized basis and a yield of 6.42%. The ex-dividend date was Monday, June 3rd.

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.