Impact Partnership Wealth LLC Has $2.40 Million Holdings in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Impact Partnership Wealth LLC raised its position in iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 67.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 87,711 shares of the company’s stock after purchasing an additional 35,305 shares during the quarter. iShares Fallen Angels USD Bond ETF accounts for approximately 0.5% of Impact Partnership Wealth LLC’s holdings, making the stock its 26th largest holding. Impact Partnership Wealth LLC owned 0.13% of iShares Fallen Angels USD Bond ETF worth $2,398,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Western Financial Corp CA raised its holdings in shares of iShares Fallen Angels USD Bond ETF by 1.5% in the third quarter. Western Financial Corp CA now owns 25,771 shares of the company’s stock valued at $705,000 after purchasing an additional 390 shares during the last quarter. Insight Wealth Partners LLC grew its position in shares of iShares Fallen Angels USD Bond ETF by 0.5% in the second quarter. Insight Wealth Partners LLC now owns 101,950 shares of the company’s stock valued at $2,670,000 after purchasing an additional 482 shares during the last quarter. Avantax Advisory Services Inc. grew its position in shares of iShares Fallen Angels USD Bond ETF by 6.2% in the first quarter. Avantax Advisory Services Inc. now owns 9,484 shares of the company’s stock valued at $255,000 after purchasing an additional 553 shares during the last quarter. Invst LLC increased its stake in shares of iShares Fallen Angels USD Bond ETF by 3.7% during the second quarter. Invst LLC now owns 17,461 shares of the company’s stock worth $454,000 after purchasing an additional 630 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its holdings in iShares Fallen Angels USD Bond ETF by 3.9% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 17,928 shares of the company’s stock worth $470,000 after purchasing an additional 666 shares during the last quarter.

iShares Fallen Angels USD Bond ETF Stock Performance

NASDAQ FALN traded up $0.07 on Thursday, reaching $27.02. The stock had a trading volume of 25,934 shares, compared to its average volume of 693,897. The firm has a fifty day moving average of $27.15 and a two-hundred day moving average of $26.68. iShares Fallen Angels USD Bond ETF has a 1-year low of $24.16 and a 1-year high of $27.43.

iShares Fallen Angels USD Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1348 dividend. The ex-dividend date was Tuesday, September 3rd.

About iShares Fallen Angels USD Bond ETF

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.