Vermillion & White Wealth Management Group LLC Grows Holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Vermillion & White Wealth Management Group LLC boosted its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 335.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,521 shares of the company’s stock after purchasing an additional 2,713 shares during the period. Vermillion & White Wealth Management Group LLC’s holdings in iShares Flexible Income Active ETF were worth $183,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in iShares Flexible Income Active ETF by 36.6% during the fourth quarter. JPMorgan Chase & Co. now owns 10,751,055 shares of the company’s stock worth $559,270,000 after buying an additional 2,882,989 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares Flexible Income Active ETF by 60.9% during the 4th quarter. Ameriprise Financial Inc. now owns 3,145,093 shares of the company’s stock worth $163,594,000 after purchasing an additional 1,190,614 shares during the last quarter. Vantage Financial Partners LLC bought a new stake in shares of iShares Flexible Income Active ETF in the 4th quarter worth approximately $9,211,000. Bank of New York Mellon Corp raised its holdings in shares of iShares Flexible Income Active ETF by 11.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,007,819 shares of the company’s stock worth $52,427,000 after purchasing an additional 101,880 shares during the period. Finally, Waterloo Capital L.P. purchased a new position in iShares Flexible Income Active ETF in the fourth quarter valued at approximately $4,990,000.

iShares Flexible Income Active ETF Stock Performance

Shares of BINC opened at $52.17 on Monday. iShares Flexible Income Active ETF has a 1 year low of $50.84 and a 1 year high of $53.57. The stock’s fifty day moving average price is $51.97 and its two-hundred day moving average price is $52.28.

iShares Flexible Income Active ETF Profile

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation.