30,656 Shares in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALNFree Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 30,656 shares of the company’s stock, valued at approximately $819,000.

Several other institutional investors have also recently modified their holdings of FALN. Wilmington Savings Fund Society FSB acquired a new position in iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at $55,000. Cornerstone Wealth Management LLC acquired a new position in iShares Fallen Angels USD Bond ETF in the 4th quarter valued at $204,000. Wrapmanager Inc. acquired a new position in iShares Fallen Angels USD Bond ETF in the 4th quarter valued at $227,000. Copperleaf Capital LLC acquired a new position in iShares Fallen Angels USD Bond ETF in the 4th quarter valued at $229,000. Finally, Beacon Financial Advisory LLC acquired a new position in iShares Fallen Angels USD Bond ETF in the 4th quarter valued at $234,000.

iShares Fallen Angels USD Bond ETF Trading Up 0.0 %

Shares of FALN opened at $26.96 on Thursday. The stock has a fifty day moving average of $26.94 and a two-hundred day moving average of $27.04. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $25.90 and a fifty-two week high of $27.43.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a $0.1372 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

About iShares Fallen Angels USD Bond ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

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