Sigma Planning Corp trimmed its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report) by 8.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,435 shares of the company’s stock after selling 2,091 shares during the quarter. Sigma Planning Corp’s holdings in iShares Fallen Angels USD Bond ETF were worth $542,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in FALN. Jane Street Group LLC raised its position in iShares Fallen Angels USD Bond ETF by 177.7% during the first quarter. Jane Street Group LLC now owns 3,791,552 shares of the company’s stock valued at $105,253,000 after purchasing an additional 2,426,217 shares during the period. Parcion Private Wealth LLC raised its holdings in iShares Fallen Angels USD Bond ETF by 121.7% during the 4th quarter. Parcion Private Wealth LLC now owns 1,453,387 shares of the company’s stock valued at $35,768,000 after buying an additional 797,760 shares during the period. Mather Group LLC. lifted its position in iShares Fallen Angels USD Bond ETF by 17.9% in the fourth quarter. Mather Group LLC. now owns 5,023,785 shares of the company’s stock worth $123,635,000 after buying an additional 762,473 shares during the last quarter. Millennium Management LLC purchased a new position in iShares Fallen Angels USD Bond ETF during the fourth quarter worth $12,343,000. Finally, Cetera Investment Advisers boosted its stake in iShares Fallen Angels USD Bond ETF by 280.2% during the fourth quarter. Cetera Investment Advisers now owns 470,909 shares of the company’s stock worth $11,589,000 after buying an additional 347,056 shares during the period.
iShares Fallen Angels USD Bond ETF Price Performance
Shares of FALN opened at $25.25 on Friday. The company’s fifty day simple moving average is $25.22 and its 200-day simple moving average is $25.05. iShares Fallen Angels USD Bond ETF has a twelve month low of $23.41 and a twelve month high of $26.13.
iShares Fallen Angels USD Bond ETF Dividend Announcement
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.
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