Janney Montgomery Scott LLC grew its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,579,659 shares of the company’s stock after buying an additional 65,625 shares during the quarter. Janney Montgomery Scott LLC owned 0.51% of iShares Flexible Income Active ETF worth $83,359,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. raised its holdings in iShares Flexible Income Active ETF by 57.6% in the third quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock valued at $362,437,000 after acquiring an additional 2,489,130 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Flexible Income Active ETF by 9.3% during the 4th quarter. JPMorgan Chase & Co. now owns 12,344,473 shares of the company’s stock valued at $651,418,000 after acquiring an additional 1,048,214 shares during the last quarter. Parallel Advisors LLC grew its holdings in iShares Flexible Income Active ETF by 50.0% during the 3rd quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock worth $27,232,000 after acquiring an additional 170,583 shares in the last quarter. NewEdge Advisors LLC grew its holdings in iShares Flexible Income Active ETF by 17.0% during the 3rd quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock worth $52,934,000 after acquiring an additional 144,239 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of iShares Flexible Income Active ETF by 73.4% in the 4th 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 during the last quarter.
iShares Flexible Income Active ETF Trading Down 0.1%
Shares of BINC opened at $52.00 on Thursday. iShares Flexible Income Active ETF has a 52 week low of $51.60 and a 52 week high of $53.51. The stock has a 50 day moving average of $52.20 and a 200-day moving average of $52.60.
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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