BlackRock Flexible Income ETF (NYSEARCA:BINC) Sees Strong Trading Volume

BlackRock Flexible Income ETF (NYSEARCA:BINC) saw unusually-strong trading volume on Tuesday . Approximately 769,677 shares changed hands during trading, an increase of 2% from the previous session’s volume of 756,388 shares.The stock last traded at $51.89 and had previously closed at $51.87.

BlackRock Flexible Income ETF Trading Up 0.1 %

The stock’s 50-day moving average is $52.16 and its 200 day moving average is $51.61.

Institutional Trading of BlackRock Flexible Income ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new position in BlackRock Flexible Income ETF during the 1st quarter valued at $31,000. Global Wealth Strategies & Associates acquired a new position in BlackRock Flexible Income ETF during the 1st quarter valued at $39,000. Park Place Capital Corp acquired a new position in BlackRock Flexible Income ETF during the 4th quarter valued at $55,000. Glassman Wealth Services acquired a new position in BlackRock Flexible Income ETF during the 4th quarter valued at $101,000. Finally, Cape Investment Advisory Inc. acquired a new position in BlackRock Flexible Income ETF during the 4th quarter valued at $136,000.

BlackRock Flexible Income 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.