Tsfg LLC cut its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 39.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 89,668 shares of the company’s stock after selling 59,403 shares during the quarter. Tsfg LLC’s holdings in iShares Flexible Income Active ETF were worth $4,693,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Elyxium Wealth LLC acquired a new position in iShares Flexible Income Active ETF during the fourth quarter worth about $25,000. Curio Wealth LLC boosted its stake in shares of iShares Flexible Income Active ETF by 577.0% in the 4th quarter. Curio Wealth LLC now owns 677 shares of the company’s stock valued at $36,000 after purchasing an additional 577 shares in the last quarter. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of iShares Flexible Income Active ETF in the 1st quarter valued at approximately $43,000. Jessup Wealth Management Inc bought a new stake in shares of iShares Flexible Income Active ETF during the 4th quarter valued at approximately $45,000. Finally, Anchor Investment Management LLC bought a new stake in shares of iShares Flexible Income Active ETF during the 1st quarter valued at approximately $52,000.
iShares Flexible Income Active ETF Trading Down 0.8%
BINC stock opened at $51.56 on Wednesday. The company has a 50 day simple moving average of $52.06 and a 200 day simple moving average of $52.24. iShares Flexible Income Active ETF has a 1 year low of $51.54 and a 1 year high of $53.51.
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.
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