Creative Planning Increases Stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Creative Planning increased its stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 5.1% in the third quarter, Holdings Channel reports. The firm owned 483,351 shares of the company’s stock after purchasing an additional 23,360 shares during the period. Creative Planning’s holdings in iShares Fallen Angels USD Bond ETF were worth $13,215,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Mather Group LLC. grew its stake in iShares Fallen Angels USD Bond ETF by 27.0% during the 3rd quarter. Mather Group LLC. now owns 8,991,241 shares of the company’s stock valued at $245,821,000 after purchasing an additional 1,913,910 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Fallen Angels USD Bond ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 2,438,047 shares of the company’s stock valued at $63,852,000 after buying an additional 26,058 shares during the last quarter. LPL Financial LLC increased its holdings in iShares Fallen Angels USD Bond ETF by 3.7% in the 2nd quarter. LPL Financial LLC now owns 1,787,437 shares of the company’s stock worth $46,813,000 after buying an additional 63,746 shares during the period. Cetera Investment Advisers raised its position in iShares Fallen Angels USD Bond ETF by 182.5% during the 1st quarter. Cetera Investment Advisers now owns 768,476 shares of the company’s stock worth $20,641,000 after buying an additional 496,455 shares during the last quarter. Finally, Procyon Advisors LLC lifted its stake in iShares Fallen Angels USD Bond ETF by 2.1% during the 3rd quarter. Procyon Advisors LLC now owns 563,110 shares of the company’s stock valued at $15,396,000 after acquiring an additional 11,417 shares during the period.

iShares Fallen Angels USD Bond ETF Trading Down 0.4 %

NASDAQ:FALN opened at $27.08 on Tuesday. The company’s fifty day moving average price is $27.14 and its 200-day moving average price is $26.68. iShares Fallen Angels USD Bond ETF has a 1-year low of $24.12 and a 1-year high of $27.43.

iShares Fallen Angels USD Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1348 per share. The ex-dividend date was Tuesday, September 3rd.

iShares Fallen Angels USD Bond ETF 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.