1,129 Shares in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Acquired by SouthState Corp

SouthState Corp purchased a new stake in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,129 shares of the company’s stock, valued at approximately $30,000.

Several other large investors have also recently bought and sold shares of FALN. Angeles Investment Advisors LLC bought a new position in iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at $26,431,000. Wright Fund Management LLC bought a new position in iShares Fallen Angels USD Bond ETF in the 3rd quarter valued at $24,341,000. Wilbanks Smith & Thomas Asset Management LLC bought a new stake in shares of iShares Fallen Angels USD Bond ETF during the 4th quarter worth $16,210,000. Mather Group LLC. lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 5.9% during the 3rd quarter. Mather Group LLC. now owns 6,332,352 shares of the company’s stock worth $157,042,000 after acquiring an additional 352,212 shares during the last quarter. Finally, Baker Avenue Asset Management LP lifted its holdings in shares of iShares Fallen Angels USD Bond ETF by 29.7% during the 3rd quarter. Baker Avenue Asset Management LP now owns 849,647 shares of the company’s stock worth $21,071,000 after acquiring an additional 194,338 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Up 0.4 %

NASDAQ FALN opened at $26.42 on Friday. iShares Fallen Angels USD Bond ETF has a 52-week low of $24.12 and a 52-week high of $26.92. The company has a fifty day moving average of $26.49 and a 200-day moving average of $26.13.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.133 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.04%. The ex-dividend date is Wednesday, May 1st.

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.