Global Wealth Strategies & Associates raised its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 8.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 267,361 shares of the company’s stock after purchasing an additional 19,831 shares during the period. iShares Flexible Income Active ETF makes up approximately 2.7% of Global Wealth Strategies & Associates’ holdings, making the stock its 10th biggest position. Global Wealth Strategies & Associates owned 0.08% of iShares Flexible Income Active ETF worth $13,994,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Redwood Investment Management LLC increased its position in shares of 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 purchasing an additional 2,442 shares during the period. Imprint Wealth LLC bought a new position in iShares Flexible Income Active ETF in the third quarter worth $74,000. United Capital Financial Advisors LLC lifted its position in iShares Flexible Income Active ETF by 13.0% in the third quarter. United Capital Financial Advisors LLC now owns 937,094 shares of the company’s stock worth $49,891,000 after purchasing an additional 108,135 shares during the period. NewEdge Advisors LLC boosted its stake in 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 buying an additional 144,239 shares in the last quarter. Finally, Keystone Financial Group boosted its stake in iShares Flexible Income Active ETF by 8.4% during the third quarter. Keystone Financial Group now owns 48,766 shares of the company’s stock worth $2,596,000 after buying an additional 3,760 shares in the last quarter.
iShares Flexible Income Active ETF Price Performance
Shares of iShares Flexible Income Active ETF stock opened at $51.99 on Monday. The company’s fifty day moving average price is $52.15 and its two-hundred day moving average price is $52.40. iShares Flexible Income Active ETF has a 52-week low of $51.60 and a 52-week high of $53.51.
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. BINC was launched on May 19, 2023 and is managed by BlackRock.
Featured Stories
- Five stocks we like better than iShares Flexible Income Active ETF
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
- Strategy’s Structural Strength: Hidden in a $8 Billion Illusion
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.
