Hurley Capital LLC Boosts Stock Holdings in iShares Flexible Income Active ETF $BINC

Hurley Capital LLC lifted its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 60.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 39,153 shares of the company’s stock after acquiring an additional 14,692 shares during the quarter. iShares Flexible Income Active ETF accounts for about 1.2% of Hurley Capital LLC’s investment portfolio, making the stock its 24th largest holding. Hurley Capital LLC’s holdings in iShares Flexible Income Active ETF were worth $2,085,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Trust Co. of Vermont purchased a new stake in shares of iShares Flexible Income Active ETF during the third quarter worth $28,000. Bessemer Group Inc. purchased a new position in shares of iShares Flexible Income Active ETF in the third quarter valued at $53,000. Golden State Wealth Management LLC grew its position in shares of iShares Flexible Income Active ETF by 12.3% in the third quarter. Golden State Wealth Management LLC now owns 3,485 shares of the company’s stock valued at $186,000 after purchasing an additional 382 shares in the last quarter. Colonial Trust Co SC increased its position in shares of iShares Flexible Income Active ETF by 12.4% during the third quarter. Colonial Trust Co SC now owns 4,098 shares of the company’s stock valued at $218,000 after buying an additional 452 shares during the period. Finally, Gilliland Jeter Wealth Management LLC increased its holdings in iShares Flexible Income Active ETF by 26.2% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 4,921 shares of the company’s stock worth $262,000 after acquiring an additional 1,021 shares during the period.

iShares Flexible Income Active ETF Stock Performance

Shares of NYSEARCA BINC opened at $53.23 on Wednesday. The stock’s 50-day simple moving average is $52.96 and its two-hundred day simple moving average is $53.06. iShares Flexible Income Active ETF has a twelve month low of $50.84 and a twelve month 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.