Sovran Advisors LLC Sells 47,575 Shares of iShares Fallen Angels USD Bond ETF $FALN

Posted by Stanley Muller on Jul 14th, 2026

Sovran Advisors LLC lowered its position in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Free Report) by 73.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,767 shares of the company’s stock after selling 47,575 shares during the quarter. Sovran Advisors LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $455,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Simplicity Wealth LLC grew its holdings in iShares Fallen Angels USD Bond ETF by 28.4% during the 1st quarter. Simplicity Wealth LLC now owns 24,280 shares of the company’s stock worth $649,000 after acquiring an additional 5,367 shares during the period. Petix & Botte Co lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 11.2% in the 1st quarter. Petix & Botte Co now owns 246,470 shares of the company’s stock valued at $6,586,000 after purchasing an additional 24,802 shares during the period. Manning & Napier Advisors LLC lifted its stake in shares of iShares Fallen Angels USD Bond ETF by 2.5% in the 1st quarter. Manning & Napier Advisors LLC now owns 101,560 shares of the company’s stock valued at $2,714,000 after purchasing an additional 2,505 shares during the period. ATX Financial Planning LLC bought a new stake in shares of iShares Fallen Angels USD Bond ETF during the 1st quarter valued at about $2,057,000. Finally, Kestra Advisory Services LLC boosted its position in shares of iShares Fallen Angels USD Bond ETF by 9.5% during the 1st quarter. Kestra Advisory Services LLC now owns 179,502 shares of the company’s stock valued at $4,796,000 after purchasing an additional 15,543 shares in the last quarter.

iShares Fallen Angels USD Bond ETF Stock Down 0.3%

NASDAQ FALN opened at $27.00 on Tuesday. The business has a 50 day simple moving average of $27.06 and a 200 day simple moving average of $27.18. iShares Fallen Angels USD Bond ETF has a one year low of $26.37 and a one year high of $27.79.

iShares Fallen Angels USD Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.141 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Wednesday, July 1st.

iShares Fallen Angels USD Bond ETF Profile

(Free Report)

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.