Aveo Capital Partners LLC Decreases Stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Aveo Capital Partners LLC cut its holdings in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,051 shares of the company’s stock after selling 662 shares during the period. Aveo Capital Partners LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $482,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Scarborough Advisors LLC purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the fourth quarter valued at approximately $5,393,000. Bright Futures Wealth Management LLC. increased its stake in shares of iShares Fallen Angels USD Bond ETF by 10.2% during the fourth quarter. Bright Futures Wealth Management LLC. now owns 25,670 shares of the company’s stock valued at $695,000 after buying an additional 2,379 shares during the period. Sovran Advisors LLC purchased a new position in shares of iShares Fallen Angels USD Bond ETF during the fourth quarter valued at approximately $432,000. Cornerstone Planning Group LLC increased its stake in shares of iShares Fallen Angels USD Bond ETF by 2.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 92,557 shares of the company’s stock valued at $2,511,000 after buying an additional 1,786 shares during the period. Finally, Kingsview Wealth Management LLC increased its stake in shares of iShares Fallen Angels USD Bond ETF by 34.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 26,539 shares of the company’s stock valued at $709,000 after buying an additional 6,806 shares during the period.

iShares Fallen Angels USD Bond ETF Price Performance

FALN opened at $27.02 on Friday. iShares Fallen Angels USD Bond ETF has a 52-week low of $25.90 and a 52-week high of $27.43. The stock’s 50 day moving average price is $26.92 and its 200-day moving average price is $27.01.

iShares Fallen Angels USD Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1433 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares Fallen Angels USD Bond ETF’s previous dividend of $0.14.

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.