Sterling Investment Advisors Ltd. bought a new stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm bought 92,800 shares of the company’s stock, valued at approximately $4,897,000. iShares Flexible Income Active ETF makes up approximately 0.8% of Sterling Investment Advisors Ltd.’s holdings, making the stock its 29th largest position.
Several other large investors have also bought and sold shares of BINC. Redwood Investment Management LLC boosted its stake in iShares Flexible Income Active ETF by 11.3% during the second quarter. Redwood Investment Management LLC now owns 24,124 shares of the company’s stock valued at $1,275,000 after buying an additional 2,442 shares in the last quarter. Tidemark LLC boosted its stake in iShares Flexible Income Active ETF by 13.9% during the third quarter. Tidemark LLC now owns 171,214 shares of the company’s stock valued at $9,115,000 after buying an additional 20,912 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in iShares Flexible Income Active ETF by 12.3% during the third quarter. Golden State Wealth Management LLC now owns 3,485 shares of the company’s stock valued at $186,000 after buying an additional 382 shares in the last quarter. Transcend Capital Advisors LLC lifted its holdings in shares of iShares Flexible Income Active ETF by 5.8% during the third quarter. Transcend Capital Advisors LLC now owns 13,809 shares of the company’s stock valued at $735,000 after purchasing an additional 752 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares Flexible Income Active ETF during the third quarter valued at $506,000.
iShares Flexible Income Active ETF Price Performance
Shares of NYSEARCA BINC opened at $52.19 on Tuesday. iShares Flexible Income Active ETF has a 12 month low of $51.60 and a 12 month high of $53.51. The business has a fifty day simple moving average of $52.15 and a 200-day simple moving average of $52.68.
iShares Flexible Income Active ETF Company 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. BINC was launched on May 19, 2023 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares Flexible Income Active ETF
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
Want to see what other hedge funds are holding BINC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report).
Receive News & Ratings for iShares Flexible Income Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Flexible Income Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
