TBH Global Asset Management LLC Buys 2,913 Shares of BlackRock Flexible Income ETF (NYSEARCA:BINC)

TBH Global Asset Management LLC boosted its stake in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 14.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,777 shares of the company’s stock after acquiring an additional 2,913 shares during the quarter. TBH Global Asset Management LLC owned about 0.93% of BlackRock Flexible Income ETF worth $1,243,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. BlackDiamond Wealth Management LLC acquired a new position in shares of BlackRock Flexible Income ETF in the 4th quarter valued at $310,000. UBS Group AG acquired a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter worth approximately $8,665,000. Foundations Investment Advisors LLC acquired a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter worth approximately $8,283,000. Quotient Wealth Partners LLC acquired a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter worth approximately $130,802,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter worth approximately $4,763,000.

BlackRock Flexible Income ETF Price Performance

Shares of BlackRock Flexible Income ETF stock traded up $0.06 during trading on Friday, hitting $52.20. 222,169 shares of the stock were exchanged, compared to its average volume of 680,842. BlackRock Flexible Income ETF has a 12-month low of $49.54 and a 12-month high of $52.62. The firm’s 50-day moving average price is $52.06 and its 200 day moving average price is $51.92.

BlackRock Flexible Income 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.