Icon Wealth Advisors LLC boosted its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 11.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 233,129 shares of the company’s stock after buying an additional 23,959 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $12,302,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in BINC. Ameriprise Financial Inc. lifted its position in shares of iShares Flexible Income Active ETF by 57.6% during the third quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock worth $362,437,000 after purchasing an additional 2,489,130 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Flexible Income Active ETF by 9.3% during the fourth quarter. JPMorgan Chase & Co. now owns 12,344,473 shares of the company’s stock worth $651,418,000 after purchasing an additional 1,048,214 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of iShares Flexible Income Active ETF by 50.0% during the third quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock worth $27,232,000 after purchasing an additional 170,583 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of iShares Flexible Income Active ETF by 17.0% during the third quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock worth $52,934,000 after purchasing an additional 144,239 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of iShares Flexible Income Active ETF by 73.4% during the fourth quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock worth $16,978,000 after purchasing an additional 136,183 shares in the last quarter.
iShares Flexible Income Active ETF Price Performance
Shares of BINC opened at $52.23 on Friday. iShares Flexible Income Active ETF has a 1 year low of $51.60 and a 1 year high of $53.51. The company’s 50-day simple moving average is $52.21 and its 200-day simple moving average is $52.59.
About iShares Flexible Income Active ETF
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.
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