Ausdal Financial Partners Inc. Cuts Stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Ausdal Financial Partners Inc. reduced its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report) by 4.9% during the 2nd quarter, HoldingsChannel.com reported. The institutional investor owned 48,548 shares of the company after selling 2,481 shares during the period. Ausdal Financial Partners Inc.’s holdings in iShares Fallen Angels USD Bond ETF were worth $1,271,000, according to the company’s most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company recently. Mather Group LLC. increased its holdings in iShares Fallen Angels USD Bond ETF by 6.5% in the 2nd quarter. Mather Group LLC. now owns 7,077,331 shares of the company’s stock worth $190,097,000 after purchasing an additional 432,656 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares Fallen Angels USD Bond ETF by 63.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,385,363 shares of the company’s stock worth $62,974,000 after purchasing an additional 921,570 shares in the last quarter. ESL Trust Services LLC increased its position in shares of iShares Fallen Angels USD Bond ETF by 0.7% in the fourth quarter. ESL Trust Services LLC now owns 1,030,491 shares of the company’s stock worth $27,205,000 after purchasing an additional 7,396 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares Fallen Angels USD Bond ETF by 20.6% in the 4th quarter. UBS Group AG now owns 979,606 shares of the company’s stock worth $25,862,000 after purchasing an additional 167,472 shares during the period. Finally, Cetera Investment Advisers increased its holdings in iShares Fallen Angels USD Bond ETF by 182.5% in the 1st quarter. Cetera Investment Advisers now owns 768,476 shares of the company’s stock worth $20,641,000 after purchasing an additional 496,455 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Equity Return

Shares of NASDAQ FALN opened Monday at $27.06. The company has a 50-day simple moving average of $26.72 and a 200-day simple moving average of $26.55. iShares Fallen Angels USD Bond ETF has a 52-week low of $24.12 and a 52-week high of $27.23.

iShares Fallen Angels USD Bond ETF Announces Dividend

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

Company Profile of iShares Fallen Angels USD Bond ETF

(Free Report)

The iShares Fallen Angels USD Bond ETF (FALN) is an exchange-traded fund that invests primarily in high yield fixed income. The fund tracks a market value-weighted index of bonds that were rated investment grade at issuance but were subsequently downgraded to sub-investment grade. FALN was launched on June 14, 2016 and is managed by BlackRock.

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Would you like to know which other hedge funds have FALN in their portfolio? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report).

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