Strategic Investment Solutions Inc. IL Purchases Shares of 1,843 iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) in the second quarter, HoldingsChannel.com reports. The firm acquired 1,843 shares of the company’s stock, valued at approximately $49,000.

Several other hedge funds also recently modified their holdings of the stock. Cetera Advisor Networks LLC boosted its position in iShares Fallen Angels USD Bond ETF by 38.3% during the fourth quarter. Cetera Advisor Networks LLC now owns 172,527 shares of the company’s stock valued at $4,555,000 after purchasing an additional 47,765 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 63.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,385,363 shares of the company’s stock valued at $62,974,000 after buying an additional 921,570 shares during the last quarter. Vermillion & White Wealth Management Group LLC acquired a new position in shares of iShares Fallen Angels USD Bond ETF during the 4th quarter worth approximately $33,000. Asset Allocation Strategies LLC raised its stake in iShares Fallen Angels USD Bond ETF by 9.0% in the 4th quarter. Asset Allocation Strategies LLC now owns 328,576 shares of the company’s stock valued at $8,674,000 after acquiring an additional 27,029 shares during the period. Finally, Icon Wealth Advisors LLC acquired a new stake in iShares Fallen Angels USD Bond ETF during the 4th quarter valued at $459,000.

iShares Fallen Angels USD Bond ETF Trading Down 0.0 %

NASDAQ:FALN opened at $27.25 on Thursday. The firm’s fifty day moving average price is $27.01 and its two-hundred day moving average price is $26.64. iShares Fallen Angels USD Bond ETF has a one year low of $24.12 and a one year high of $27.43.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders 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.

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.