Rollins Financial Advisors LLC increased its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 23.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,578 shares of the company’s stock after acquiring an additional 19,347 shares during the quarter. iShares Flexible Income Active ETF comprises approximately 0.8% of Rollins Financial Advisors LLC’s holdings, making the stock its 27th largest holding. Rollins Financial Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $5,466,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Eagle Bay Advisors LLC bought a new position in iShares Flexible Income Active ETF during the fourth quarter worth $30,000. Canton Hathaway LLC bought a new position in iShares Flexible Income Active ETF during the fourth quarter worth $32,000. Proathlete Wealth Management LLC bought a new position in iShares Flexible Income Active ETF during the fourth quarter worth $40,000. Bessemer Group Inc. bought a new position in iShares Flexible Income Active ETF during the third quarter worth $53,000. Finally, Imprint Wealth LLC bought a new position in iShares Flexible Income Active ETF during the third quarter worth $74,000.
iShares Flexible Income Active ETF Stock Down 0.1%
Shares of BINC stock opened at $52.24 on Wednesday. iShares Flexible Income Active ETF has a 1 year low of $51.60 and a 1 year high of $53.51. The firm’s fifty day simple moving average is $52.23 and its 200 day simple moving average is $52.75.
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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