Assetmark Inc. Sells 136,342 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Assetmark Inc. trimmed its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 87.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,820 shares of the company’s stock after selling 136,342 shares during the period. Assetmark Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $503,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mather Group LLC. increased its holdings in shares of 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 worth $255,528,000 after buying an additional 575,494 shares during the last quarter. Angeles Investment Advisors LLC increased its stake in iShares Fallen Angels USD Bond ETF by 39.8% in the third quarter. Angeles Investment Advisors LLC now owns 1,294,400 shares of the company’s stock valued at $35,389,000 after acquiring an additional 368,400 shares during the last quarter. Allworth Financial LP increased its stake in iShares Fallen Angels USD Bond ETF by 6.9% in the fourth quarter. Allworth Financial LP now owns 1,206,488 shares of the company’s stock valued at $32,563,000 after acquiring an additional 77,996 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in iShares Fallen Angels USD Bond ETF by 52.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 831,984 shares of the company’s stock valued at $22,746,000 after purchasing an additional 287,900 shares in the last quarter. Finally, OneDigital Investment Advisors LLC lifted its stake in iShares Fallen Angels USD Bond ETF by 53.0% during the third quarter. OneDigital Investment Advisors LLC now owns 602,539 shares of the company’s stock worth $16,473,000 after purchasing an additional 208,699 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Trading Down 0.0 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $26.86 on Thursday. iShares Fallen Angels USD Bond ETF has a 12 month low of $25.90 and a 12 month high of $27.43. The business’s 50-day moving average price is $26.96 and its 200-day moving average price is $27.03.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1372 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Fallen Angels USD Bond ETF Company 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.